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Starbucks 9033 Old Number Six Hwy 2,500 SF 4-Star Retail Building Santee, SC 29142 $2,728,480 CAD ($1,091.39 CAD/SF) 5.85% Cap Rate
Investment Highlights
- Interstate Exit on I-95
- (6) 5-Year Renewal Options
- 10-Year NN Lease
- Starbucks - 2020 Construction
Executive Summary
Oswald Cooke & Associates is pleased to offer a Starbucks investment opportunity in Santee, South Carolina, available to a qualified buyer. The 2,510 SF freestanding restaurant was built in 2020 and sits on 0.74 acres. The property is subject to a 10-year NN lease with fixed rent during the base term and six (6) five-year renewal options featuring 10% rental increases at each option.
The property is strategically located at Exit 98 on Interstate 95, a major East Coast travel corridor. Santee is a popular tourism destination anchored by Lake Marion, South Carolina’s premier fishing and recreational lake. The surrounding retail corridor includes McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, multiple hotels, and other national brands, supporting strong traffic counts and long-term tenant performance.
The property is strategically located at Exit 98 on Interstate 95, a major East Coast travel corridor. Santee is a popular tourism destination anchored by Lake Marion, South Carolina’s premier fishing and recreational lake. The surrounding retail corridor includes McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, multiple hotels, and other national brands, supporting strong traffic counts and long-term tenant performance.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
$2,728,480 CAD
Price Per SF
$1,091.39 CAD
Cap Rate
5.85%
NOI
$159,616 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.93 AC
Zoning
GC
Parking
46 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
- $63.85 CAD
- Triple Net
- Feb 2031
Starbucks began in 1971 as a coffee business in Seattle, where the company first sold coffee beans and related equipment before evolving into a broader coffeehouse brand. The business now focuses on responsibly sourced arabica coffee, company-operated and licensed coffeehouses, and a growing consumer-packaged goods presence. Starbucks has built a wide market presence around specialty coffee, with offerings that span brewed drinks, espresso-based beverages, food, and retail products distributed through its store network and packaged-goods channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $63.85 CAD | Triple Net | Feb 2031 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0324-17-02-006.000 | Improvements Assessment | $79,484 CAD |
| Land Assessment | $90,850 CAD | Total Assessment | $170,334 CAD |
Property Taxes
Parcel Number
0324-17-02-006.000
Land Assessment
$90,850 CAD
Improvements Assessment
$79,484 CAD
Total Assessment
$170,334 CAD
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Starbucks | 9033 Old Number Six Hwy
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