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Well Known Circle K with 25+ years occupancy 10105 N Us-17 Hwy 2,498 SF 100% Leased Retail Building Mc Clellanville, SC 29458 $2,605,706 CAD ($1,043.12 CAD/SF) 4.26% Cap Rate
Executive Summary
Great location of Circle K. Circle K is on a land lease with zero landlord obligations. Current term ends 4/30/2027. An additional 4 extensions of 5 years available to tenant. Stable location with significant barriers to entry for competition. Located at a light. C-Store has Diesel and Kerosene pumps. Includes extra 1.08 acres of developable land behind the Circle K.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,498 SF
Building Class
C
Year Built/Renovated
1992/1998
Price
$2,605,706 CAD
Price Per SF
$1,043.12 CAD
Cap Rate
4.26%
NOI
$110,919 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.19 AC
Parking
12 Spaces (4.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 764-00-00-477 | Improvements Assessment | $1,165,734 CAD |
| Land Assessment | $421,916 CAD | Total Assessment | $1,587,650 CAD |
Property Taxes
Parcel Number
764-00-00-477
Land Assessment
$421,916 CAD
Improvements Assessment
$1,165,734 CAD
Total Assessment
$1,587,650 CAD
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Well Known Circle K with 25+ years occupancy | 10105 N Us-17 Hwy
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