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31637465
31637466

8611 Dorchester Rd, North Charleston, SC 29420

MC
SC 7070
Broadstreet Partners LLC
GL
127022
Broadstreet Partners LLC
Listed by Broadstreet Partners LLC
$2,775,000
58 days on market
Updated 58 days ago

Starbucks - North Charleston

Details
APN 1710000220.000
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,500
Net Rentable (SqFt) 2,500
Units 1
Cap Rate 5.75%
NOI $159,500
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks
Lease Type NNN
Lease Term 10
Lease Expiration 08/31/2036
Remaining Term 10.2
Rent Bumps Yes
Lease Options 4, 5-Year options
Year Built 2026
Buildings 1
Stories 1
Acreage 0.890
Zoning PDD
Parking Spaces 24 spaces
Parking Per SqFt 9.60
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2026
Ground Lease No

Starbucks | 5.75% CAP | NNN | 2,500 SqFt

Marketing description

  • Brand new Starbucks (SBUX)
  • Corporate Guarantee, 10 YR NNN Lease with extensions
  • National Co-tenants (Chipotle)
  • Convenient Location on Dorchester Road (45,300 VPD)
  • Near Major Area Development
  • Strong Demographics

Investment highlights

  • Brand new Starbucks (SBUX)
  • Corporate Guarantee, 10 YR NNN Lease with extensions
  • National Co-tenants (Chipotle)
  • Convenient Location on Dorchester Road (45,300 VPD)
  • Near Major Area Development
  • Strong Demographics

Listing Contacts

MC
SC 7070
Broadstreet Partners LLC
GL
127022
Broadstreet Partners LLC
Listed by Broadstreet Partners LLC

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$159,500.00
$13,291.67/mo

Valuation Metrics

0
DSCR
5.75%
Cap Rate
5.75%
ROI

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