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Havertys Furniture: Bluffton, SC 2 Buckingham Plantation Dr 35,011 SF Retail Building Bluffton, SC 29910 $5,731,482 CAD ($163.71 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Below Market Rent | Hard Corner | 50,400 Cars Per Day
- One Mile from Bridge to Hilton Head Island
- Average Annual Household Income of $119,741 Within 3-mile Radius
EXECUTIVE SUMMARY
CBRE is pleased to exclusively offer for sale a 35,011-square-foot Havertys situated on 2.67 acres in Bluffton, South Carolina—a component of the Hilton Head Island-Bluffton-Port Royal, SC MSA (Population 232K+). Havertys‘ net lease features ±6.1 years of term remaining with a 6% rent increase in 2027 and 6% in each of the two 5-year renewal options.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
35,011 SF
Building Class
B
Year Built
1994
Price
$5,731,482 CAD
Price Per SF
$163.71 CAD
Cap Rate
6.75%
NOI
$386,876 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
2.67 AC
Zoning
C - Commercial
Parking
36 Spaces (1.03 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
CONTACTS
-
Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Leah Lindell -
Kaitlyn Wolf -
Katie Goldberg -
Adam Russ -
CBRE, Inc.
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Havertys Furniture: Bluffton, SC | 2 Buckingham Plantation Dr
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