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Refuel South Carolina Portfolio

2 Retail Properties Offered at $16,001,824 in Multiple Locations

Investment Highlights

  • High-Growth Market
  • New State-of-the-art Construction
  • Strong Traffic and Visibility
  • Well Capitalized & Experienced Tenant
  • Absolute NNN Lease

Executive Summary

The Net Lease Group is pleased to exclusively offer for sale the fee simple interest in a 9,658 SF, freestanding convenience store and fueling stations (the “Portfolio”) that is 100%, absolute triple net (NNN) leased to one of the fastest growing convenience store operators in the southeast, Refuel. The Portfolio is located at 3305 W 5th North Street in Summerville, South Carolina, part of the Charleston MSA, one of the largest and fastest-growing metros in the state, and 1385 US-501 in Conway, South Carolina, just a 30-minute drive from Myrtle Beach. Refuel Conway is listed for $7,737,120 at a 6.25% Cap rate and a $483,570 NOI. Refuel Summerville is listed as a Price of $8,264,704 at a 6.25% Cap rate with a $516,544 NOI.

Property Facts

Price $16,001,824
Price / SF $2,303 / SF
Cap Rate 6.25%
Sale Type Investment NNN
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 6,948 SF
Total Land Area 3.42 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1385 E Highway 501, Conway, SC 29526 Retail 2,254 SF 1978 $7,737,120
3305 5th North St., Summerville, SC 29483 Retail 4,694 SF 2024 $8,264,704
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  • Listing ID: 32579810

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: Refuel South Carolina Portfolio, Conway, SC

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