2490 Clements Ferry Road

    Charleston, SC 29492
    • $3,000,000
    • STATUS: Active
    • ON SITE: 597 days
    • ID#: 30200202
    UPDATED: 6 min ago
    $3,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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.Please see the attached Offering Memorandum.

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    www.thecassinagroup.com/homes/80245828

    2490 Clements Ferry Road Charleston, SC 29492

    • Price: $3,000,000
    • Status: Active
    • Updated: 6 min ago
    • ID#: 30200202
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Cainhoy/Wando
    County:
    Berkeley
    Area:
    Cainhoy/Wando
    Property Description
    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.Please see the attached Offering Memorandum.
    Property Features

    Property Status Existing Property Sub Type Free-Standing BuildingRestaurant Property Type Retail-Commercial Sale Price Min 3000000.00 Title Absolute Nnn 20 Year Lease - Hardees. No Landlord Responsibilities

    Listing courtesy of Southeastern Management Group,.
     
    The Cassina Group, LLC
    309 Coleman Boulevard
    Mount Pleasant SC, 29464