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4767 Broad St 9,862 SF Retail Building Loris, SC 29569 $3,283,229 CAD ($332.92 CAD/SF) 6.35% Cap Rate
Investment Highlights
- Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad Street and Holly Street with more than 11,000 VPD
- CVS has 12 Years Remaining on the Base Term of the Lease with Rent Increases in Each Option, as a Hedge Against Inflation
- This Location Benefits from Being the Only Freestanding National Pharmacy Store within a 20-Mile Radius Providing Long Term Stability
- CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner
- Surrounded by Many of the Nation’s Most Successful Retailers Including McDonald’s, Wendy’s, KFC, Bojangles, O’Reilly Auto Parts, among others
- Subject Property is Strategically Located within 30-Miles form Myrtle Beach a Popular Beach Destination with more than 17 Million Visitors Annually
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,862 SF
Building Class
B
Year Built
2006
Price
$3,283,229 CAD
Price Per SF
$332.92 CAD
Cap Rate
6.35%
NOI
$208,485 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.56 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
53 Spaces (5.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17614020047 | Improvements Assessment | $2,889,308 CAD |
| Land Assessment | $612,644 CAD | Total Assessment | $3,501,952 CAD |
Property Taxes
Parcel Number
17614020047
Land Assessment
$612,644 CAD
Improvements Assessment
$2,889,308 CAD
Total Assessment
$3,501,952 CAD
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4767 Broad St
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