Listed by Twin Rivers Capital
$6,178,891
Foxbank Towne Center | Retail Building II
Details
APN 197-00-01-114
Property Type Retail
Sub Type Shopping Center
Square Footage 7,881
Net Rentable (SqFt) 7,881
Units 4
Cap Rate 5.50%
NOI $339,839
Occupancy 100%
Tenancy Multi
Brand/Tenant Dunkin', Xfinity
Lease Type NN
Lease Term 10
Rent Bumps Yes
Year Built 2024
Buildings 1
Stories 1
Acreage 1.240
Zoning MONCKS CORNER - PD-C
Investment Type Stabilized
Ground Lease No
Ownership Fee Simple
New 100% Leased Shopping Center | 5.50% CAP | 10 YEAR WALT
Marketing description
Foxbank Towne Center is at the heart of Foxbank Plantation, an 800-acre, 2,800+ home masterplanned community in thriving Berkeley County, SC. Foxbank Towne Center provides a village area with a mix of commercial uses including a planned grocery store, drug store, offices, and various shops. Strategically located to serve Foxbank Plantation, surrounding residential developments and the rapidly growing cities of Moncks Corner and Goose Creek, Foxbank Towne Center is becoming the area’s central location for work, play and shopping.
Investment highlights
- 7,881± SF center in Berkeley County - #2 fastest growing county in SC
- Tenants | Dunkin', Xfinity, East Bay Deli, Vogue Nails
- Well-located between two lighted intersections on the area’s primary retail corridor, US Hwy 52
- #1 Retail location in Hwy 52 growth corridor
- Rare annual rent increases
- WALT: 10 Years
Listing Contacts
Listed by Twin Rivers Capital
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$339,839.00
$28,319.92/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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