- Rare NNN Publix
- 14+ years remaining on initial term.
- Assumable 2.85% financing!
- 6%+ Cash on Cash return, year 1 while on IO.
- Income increases in subsequent terms, 5% every 5 years for 40
years. - Built in Publix customer base with 350 apartment units in same
building above the store. - 350 unit Apartment Building was purchased by an Investment
Company for $134M in 2021. - Premium A+ real estate in Charleston Medical Center District!
OFFERING SUMMARY
ADDRESS 10 Westedge Street
Charleston, SC 29403
COUNTY Fremont County
MARKET Charleston
SUBMARKET
NET RENTABLE AREA (SF) 52,606 SF
LAND ACRES
LAND SF
YEAR BUILT
FINANCIAL SUMMARY
PRICE $25,000,000
PRICE PSF
OCCUPANCY 100%
NOI (CURRENT)
NOI (Pro Forma)
CAP RATE (CURRENT)
CAP RATE (PRO FORMA)