Commercial Property for Sale: 861 Folly Road (James Island) – $5.13M
EXECUTIVE SUMMARY
Fully Leased NNN Investment Opportunity on one of Charleston most desirable thoroughfares. Current tenants include: Verizon, Domino’s Pizza, Forsberg’s Liquor Store
PROPERTY FACTS
- Sale Type: Investment NNN
- Property Type: Retail
- Property Subtype: Fast Food
- Building Size: 10,146 SF
- Building Class: B
- Year Built/Renovated: 1998/2012
- Price: $5,129,000
- Price Per SF: $506
- Cap Rate: 5.50%
- NOI: $282,121
- Percent Leased: 100%
- Tenancy: Multiple
- Building Height: 1 Story
- Building FAR: 0.21
- Land Acres: 1.09 AC
- Zoning: RETAIL TRADE – General commercial
- Parking: 45 Spaces (4.5 Spaces per 1,000 SF Leased)
- Frontage::118 FT on Folly Rd
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