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20916807

4831 Mixson Ave, North Charleston, SC 29405

Twin Rivers Capital
Listed by Twin Rivers Capital
$2,921,008
548 days on market
Updated 24 days ago

Mixson Commons | 100% Leased Strip Center | CHS, SC MSA

Details
APN 4711300273
Property Type Retail
Sub Type Shopping Center
Square Footage 6,400
Net Rentable (SqFt) 6,400
Units 3
Cap Rate 5.75%
NOI $167,958
Occupancy 100%
Tenancy Multi
Lease Type NN
Rent Bumps Yes
Year Built 2019
Buildings 1
Stories 1
Acreage 0.760
Zoning Commercial
Parking Spaces 39 spaces
Parking Per SqFt 6.09
Investment Type Net Lease
Tenant Credit No Credit Rating
Ground Lease No
Ownership Fee Simple

Retail | 5.75% CAP | 6,400 SqFt

Marketing description

  • 100% leased strip center

  • 3 tenants - local tenants with personal guarantees

  • 6,400 SF building on 0.76 AC

  • Centrally located in Park Circle area of North Charleston, South Carolina - near schools, I-526, I-26, Charleston Airport and Boeing

  • Located off a signalized intersection adjacent to CVS

  • Below market rents and annual 3% rent bumps for all tenants

  • WALT: 5 Years

  • North Charleston is SC’s largest city and growing 1.7% annually

  • 101,589 people within a 5 mile radius

Investment highlights

  • 100% leased strip center

  • 3 tenants - local tenants with personal guarantees

  • 6,400 SF building on 0.76 AC

  • Centrally located in Park Circle area of North Charleston, South Carolina - near schools, I-526, I-26, Charleston Airport and Boeing

  • Located off a signalized intersection adjacent to CVS

  • Below market rents and annual 3% rent bumps for all tenants

  • WALT: 5 Years

  • North Charleston is SC’s largest city and growing 1.7% annually

  • 101,589 people within a 5 mile radius

Listing Contacts

Twin Rivers Capital
Listed by Twin Rivers Capital

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$167,958.00
$13,996.50/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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