$3,000,000 2490 Clements Ferry Road Charleston, SC

MLS: 30200202   Type: Commercial   County: Berkeley   City: Charleston   Area: Wando-cainhoy   Zip: 29492  

Mortgage $14,084 /mo

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Brand New Construction. A single-tenant Hardee's, 20 year absolute NNN lease investment property. Zero landlord responsibilities for this 2,960 SF building with a drive-thru situated on approximately 0.80 acres. Net Operating Income $117,244.00. EXPLOSIVE GROWTH AREA OF CHARLESTON: Conveniently located at I-526 (68,900 Average Daily Traffic) and Clements Ferry Road (30,000 ADT). 3,252 residential units in the immediate area of the property with 1,634 additional homes under construction. Nearby Cainhoy Plantation is approved for more than 18,000 new homes to be built. LONG TERM NNN LEASE WITH OPTION PERIODS: New 20-year, Absolute NNN Lease with four, 5-year option periods. No landlord responsibilities. RENTAL ESCALATIONS: 10% Rental Increases every 5 years in the initial 20-year lease term, as well as four 5-year option periods.

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Price History

1/26/2018 Listed $3,000,000

Property Sub Type Free-Standing Building, Restaurant
Property Type Retail-Commercial
Submarket 78 - Wando/Cainhoy Area

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Direct Link:

https://www.homesofmountpleasant.com/property/13-30200202-2490-Clements-Ferry-Road-Charleston-SC-29492

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Property vs Zip Code Avg (29492)

Price 3.00M Avg 1.44M

Visits 118 Avg 165

Days on Site 363 Avg 268

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Listing Provided Courtesy Of: Southeastern Management Group,




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Location & Address

The Boulevard Company
806 Johnnie Dodds Blvd
Mount Pleasant, SC
843-410-4348