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Fifth Third Bank 844 Savannah Hwy

1,900 SF Retail Building Charleston, SC 29407 $3,578,947 ($1,884/SF) 4.75% Cap Rate

Banks South Carolina Charleston 844 Savannah Hwy, Charleston, SC 29407

Investment Highlights

  • Allows for a true, passive investment with no management required
  • Opportunity to acquire an investment grade (S&P:A-) asset guaranteed by Fifth Third Bancorp (NASDAQ: “FITB)
  • This location is the second Fifth Third Bank in Charleston providing limited competition

Executive Summary

Absolute NNN ground lease with 10% rental escalations throughout the lease term and option period
Asset situated along Charleston’s primary east-west thoroughfare and retail corridor with convenient access to I-526 and downtown Charleston which attracts 7.4M+ visitors each year

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
1,900 SF
Building Class
C
Year Built
2025
Construction Status
Proposed
Price
$3,578,947
Price Per SF
$1,884
Cap Rate
4.75%
NOI
$170,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.54 AC
Parking
10 Spaces (2.21 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage
  • Air Conditioning
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Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Orangetheory Fitness
Starbucks
Jason's Deli
Bank of America
Southstate Bank
Ameris Bank
Whole Foods Market
IGA
CAVA
F45 Training West Ashley Charleston
(407) 913-9009

Contacts

  • Listing ID: 34223387

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 844 Savannah Hwy, Charleston, SC 29407

The Retail Property at 844 Savannah Hwy, Charleston, SC 29407 is currently available for sale. Contact Stream Capital Partners for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Fifth Third Bank | 844 Savannah Hwy
(407) 913-9009 x

Fifth Third Bank | 844 Savannah Hwy

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Connor Shell

(407) 913-9009

(407) 913-9009

Jordan Shtulman

(847) 226-4133

(847) 226-4133

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