Oswald Cooke & Associates is pleased to offer a new 10-Year NN leased retail store located at 1755 Hwy 17 N in Mount Pleasant, South Carolina. The 4,250 SF building is currently leased to Ferguson Family Mattress Superstore and offers 3% annual rent escalations during the base term and all options. The site is located at a traffic lit intersection on Mount Pleasant's main retail corridor, Highway 17 N (40,900 VPD). The site has experienced a 35% population growth (5 Miles) over the past ten years. Other national retailers in the area include Walmart, Lowes, Publix Greenwise, Belk, Starbucks, Cook Out, Bojangles, CVS, Gap, Old Navy, and many others. Mount Pleasant is home to the highest income, education and housing demographics in the greater Charleston market.
Listing Date: 01-30-2023
Sold Date: 04-28-2023
Aprox Days on Market: 
2 month(s), 28 day(s)
Listing Sold: 
11 month(s), 28 day(s) ago
Asking Price: $2,987,000
Selling Price: $2,987,000
Price Difference:
Same as list price
Anchored: No
Year Built: 2012
County: Charleston
Land Size: 0.41
Title: NN Lease | Retail Site | Annual NOI Increases | Hwy 17 N
Second Property Subtype: Retail
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $2,987,000
Property Use Type: Investment, Other, Retail, Retail - Pad
Class Type: Retail
Sold Date: 2023-04-28T00:00:00
Rentable Area: 4250
Courtesy of listing office Oswald Cooke and Associates