224 Maude St, Allendale, SC 29810

10,640 SF | Retail Building | Allendale, SC 29810 | $1,830,883 ($172/SF) | 6.45% Cap Rate

Date Added:
September 16, 2024
Days on Market:
7 days

Asking Price $1,830,883

Sale Condition
1031 Exchange
Property Type
Retail
Square Feet
10,640 SF
Price / Square Foot
$172

Listing Contacts

Catherine Vaughn
Catherine Vaughn
Verified Profile
  • Property Info

Property Overview

New Dollar General lease with 5% increase in rent every five years for the life of the lease
Solid retail node with national tenants such as Napa, Walgreens, Sunoco, Hardees, Family Dollar, Subway
Allendale is surrounded by hunting land used year around which serves as a traffic generator for local convenience stores
Conveniently located to collect traffic from the surrounding housing and commuter traffic on US Hwy 301
1,700 VPD West of the site and 3,000 VPD North of the site
Brand New Construction
New LED Lighting Interior & Exterior
NNN – Zero Landlord Responsibilities
Fifteen-year initial term NNN lease with a 5% rent increase every five (5) years
Five (5)-Year Options
10,640 SF Building
Opening January 2024

Property Details

Year Built
2024
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
65,340 SF

Highlights

  • Hard Corner New Construction with 5% Rent Increases every Five Years
  • Solid retail node with national tenants such as Napa, Walgreens, Sunoco, Hardees, Family Dollar, Subway
  • Allendale is surrounded by hunting land used year around which serves as a traffic generator for local convenience stores
  • Conveniently located to collect traffic from the surrounding housing and commuter traffic on US Hwy 301
  • 1,700 VPD West of the site and 3,000 VPD North of the site
  • NNN – Zero Landlord Responsibilities - Fifteen-year initial term NNN lease with a 5% rent increase every five (5) years

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