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32654743
32654744

8465 Dorchester Road, North Charleston, SC 29420

RB
2012001419
Ackerman & Co
Listed by Ackerman & Co
$4,300,000
23 days on market
Updated 23 days ago

Appian Way Center

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 10,500
Cap Rate 6.25%
NOI $268,548
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma NOI $268,548
Acreage 2.330
Parking Spaces 3.64 per 1,000 sq ft
Ground Lease No

Fully-Leased Neighborhood Retail Center | North Charleston’s Primary Retail Corridor

Marketing description

Appian Center Way is a 100% occupied neighborhood retail center for sale located at 8465 Dorchester Road in the heart of the North Charleston retail corridor. The stabilized investment property features a diverse mix of service-oriented and necessity-based retail tenants, providing strong in-place cash flow and long-term occupancy stability. Positioned along highly trafficked Dorchester Road, the center benefits from excellent visibility, strong demographics, growing residential density, and proximity to major employment centers throughout the Charleston MSA.

This income-producing retail investment opportunity in North Charleston, SC is surrounded by national retailers, established residential communities, and continued commercial growth, offering investors the opportunity to acquire a stabilized retail asset with potential upside through future rental growth in one of the region’s fastest-growing submarkets.

Investment highlights

  • 100% Occupied Retail Center – Stabilized, income-producing investment with immediate cash flow
  • Prime North Charleston Location – Located along Dorchester Road within one of the area’s strongest retail corridors
  • High Traffic & Visibility – Excellent frontage and accessibility along a heavily traveled commercial corridor
  • Service-Oriented Tenant Mix – Necessity-based tenants supporting daily consumer traffic and long-term occupancy stability
  • Strong Demographics & Population Growth – Dense surrounding residential base with continued growth throughout the Charleston MSA
  • Surrounded by National Retailers – Established retail trade area with strong consumer draw and complementary neighboring businesses
  • Limited Near-Term Capital Requirements – Well-maintained, stabilized asset with minimal upfront ownership costs
  • Rental Growth Potential – Opportunity to increase NOI through future rent growth and market appreciation
  • Charleston MSA Retail Investment Opportunity – Positioned within one of the Southeast’s fastest-growing markets
  • Convenient Access to Major Employment Centers – Strong connectivity to North Charleston, Charleston International Airport, Boeing, Bosch, Joint Base Charleston, and surrounding residential communities
  • Established Neighborhood Retail Center – Proven location serving the surrounding residential and commuter population

Listing Contacts

RB
2012001419
Ackerman & Co
Listed by Ackerman & Co

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$268,548.00
$22,379.00/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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