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1314 Hwy 278
Bluffton, SC 29910
Verizon Wireless · Retail Property For Sale
Investment Highlights
- Investment-Grade National Credit Tenant - Verizon Wireless is one of the largest wireless service providers in the U.S., backed by Cellco Partnership
- Strong Remaining Term with Built-In Upside - Approximately 5 years remaining on the current term with one (1) five-year renewal option
- Proven Consumer Traffic and Location Performance - Placer.ai ranks the subject site in the 67th percentile nationally, reflecting solid foot traffic
- Attractive Double Net (NN) Lease Structure -Double net lease with landlord responsible for roof and structure only, providing minimal responsibilities
- High-Visibility, Signalized Retail Corridor - Positioned along Fording Island Road, a dominant commercial thoroughfare with 57,000± vehicles per day
- Affluent and Growing Coastal Market - Located in Bluffton, SC, one of South Carolina’s fastest-growing communities
Executive Summary
Investment-Grade National Credit Tenant - Verizon Wireless is one of the largest wireless service providers in the U.S., backed by Cellco Partnership corporate guaranty, offering strong credit and long-term income stability
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,700 SF
Building Class
B
Year Built
1988
Price
$4,710,086 CAD
Price Per SF
$1,002.15 CAD
Cap Rate
6.50%
NOI
$306,115 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.11
Lot Size
1.02 AC
Zoning
6616
Parking
18 Spaces (3.82 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | R600-040-000-0008-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $121,612 CAD |
Property Taxes
Parcel Number
R600-040-000-0008-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$121,612 CAD
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