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Executive Summary

SVN is pleased to offer a stabilized, shadow grocery anchored in line retail center located within Okatie Center. Okatie Village is newly constructed, 100% occupied and comprised of four (4) tenants. This income producing asset provides immediate cash flow with scheduled net operating income for the twelve-month period ending April 2027 projected at $312,536.52. The weighted average lease term is 5.36 years, delivering durable income and long-term stability in one of the fastest growing corridors in the greater Bluffton and southern Beaufort County market.
Located at the signalized intersection of U.S. Route 278 and South Carolina Highway 170 within Okatie Center, a ±268-acre regional commercial node serving southern Beaufort and Jasper Counties. The property sits directly adjacent to Sun City Hilton Head, home to more than 17,500 residents, and is minutes from University of South Carolina Beaufort and Technical College of the Lowcountry. This corridor is experiencing sustained residential expansion, with thousands of new homes in various stages of development throughout Bluffton and Jasper County. The site is strategically positioned to capture demand from the Savannah, Hilton Head, Beaufort, and greater Jasper County markets.
PLEASE VISIT THE PROPERTY'S WEBSITE FOR REGISTRATION AND ACCESS TO DETAILED INFORMATION.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,009 SF
Building Class
B
Year Built
2025
Price
$6,590,304 CAD
Price Per SF
$658.44 CAD
Cap Rate
6.51%
NOI
$429,106 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.54 AC
Zoning
PUD
Parking
28 Spaces (2.8 Spaces per 1,000 SF Leased)
Frontage
250’ on Okatie Village Drive

Amenities

  • 24 Hour Access
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Drive Thru
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Fleet Feet
  • Retailer
  • -
  • -
  • -
  • Fording Island Dental, Llc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • Omelette Cafe
  • Accommodation and Food Services
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

Parlor Doughnuts is a privately held food and beverage company founded in 2019 in Evansville, Indiana. The concept grew from the founders’ interest in coffee and doughnuts, which first inspired a coffee shop in 2015 and later evolved into Parlor Doughnuts. The company introduced its signature layered doughnut, offering a distinct alternative to traditional yeast and cake varieties. As the brand expanded, it incorporated varied menu options including vegan, gluten-friendly, and keto selections, along with specialty coffee and breakfast items. Parlor Doughnuts transitioned into a franchise model, establishing locations across the United States and emphasizing its focus on product consistency and hospitality. The company continues to expand its national footprint while remaining privately held.

Tenant Industry SF Occupied Rent/SF Lease End
Fleet Feet Retailer - - -
Fording Island Dental, Llc Health Care and Social Assistance - - -
Omelette Cafe Accommodation and Food Services - - -
Retailer - - -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Nearby Major Retailers

Starbucks
Food Lion
Truist
Zaxby's
Cracker Barrel Old Country Store
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
R600-021-000-0642-0000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$50,498 CAD
  • Listing ID: 39875174

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 201 Okatie Village Dr, Okatie, SC 29909

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