This is an opportunity for restaurant use or new development. This property consists of 2.01 acres as well as 154 ft of frontage on Highway 17 N. It is just outside of some of Mt. Pleasant's largest neighborhoods boasting high traffic counts and visibility. This property also has a cell tower lease in place.
| Acres | 87556 |
| Area | Mt Pleasant North of IOP Connector |
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Retail |
| Postal Code | 29466 |
| Date Modified | 2020-05-13T18:06:37 |
| Property Status | Existing |
| Status | Pending/Contingent |
| Title | 3563 N. Hwy 17 |
Listed by: Roadstead Real Estate Advisors, LLC | 843-577-7732
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
