
Description
Exceptional investment opportunity! The owner of this commercial property is now offering a leaseback ($3,650/m Net) with a 7.36 cap rate for 5 years. Located in the heart of Port Royal's business district and an average daily vehicle count of 40,000 according to SCDOT this investment offers immediate income and high potential for apprecaition. Included is a completely renovated 1,066sf building with new exterior decking and a large gravel yard. Currently hosting a retail nursery, this site is zoned T4NCO, which is probably the most flexible in the region, allowing for a slew of business applications including retail, office, restaurant, service busienesses and screened laydown yards. It is not in a special hazard flood zone nor in a HOA, but it is across from 2 shopping centers, a McDonald's, an next to a new 216 unit luxury apartment complex. Schedule your tour today.
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0BEDS
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0.62ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Exceptional investment opportunity! The owner of this commercial property is now offering a leaseback ($3,650/m Net) with a 7.36 cap rate for 5 years. Located in the heart of Port Royal's business district and an average daily vehicle count of 40,000 according to SCDOT this investment offers immediate income and high potential for apprecaition. Included is a completely renovated 1,066sf building with new exterior decking and a large gravel yard. Currently hosting a retail nursery, this site is zoned T4NCO, which is probably the most flexible in the region, allowing for a slew of business applications including retail, office, restaurant, service busienesses and screened laydown yards. It is not in a special hazard flood zone nor in a HOA, but it is across from 2 shopping centers, a McDonald's, an next to a new 216 unit luxury apartment complex. Schedule your tour today.
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