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9 Promenade Street , A

Bluffton, SC 29910
  • $1,290,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 444724
$1,290,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Two commercial condos in the successful Promenade with a long term, stable tenant in place and NNN lease currently offering a cap rate of 6 percent ending in an 8 percent cap rate at the duration of the option period. Calhoun Street Promenade is a thriving mixed use center with rarely available offerings - home to many successful local and national purveyors. The Promenade has enjoyed between 5-17 percent average annual property value appreciation over the last 14 years. These condos are in a prime location in the heart of Bluffton, receiving national exposure for its charming mix of restaurants, shops, walkability & community events.

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REsides, Inc logo We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc. Data last updated 2024-06-16T23:58:01.15.
www.sherinixonteam.com/homes/150876616
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9 Promenade Street , A Bluffton, SC 29910

  • Price: $1,290,000
  • Status: Active
  • On Site: 24 Days
  • MLS #: 444724
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Calhoun Street Promenade
County:
Beaufort
Area:
Bluffton/General
Property Description
Two commercial condos in the successful Promenade with a long term, stable tenant in place and NNN lease currently offering a cap rate of 6 percent ending in an 8 percent cap rate at the duration of the option period. Calhoun Street Promenade is a thriving mixed use center with rarely available offerings - home to many successful local and national purveyors. The Promenade has enjoyed between 5-17 percent average annual property value appreciation over the last 14 years. These condos are in a prime location in the heart of Bluffton, receiving national exposure for its charming mix of restaurants, shops, walkability & community events.
Exterior Features

Construction Materials Brick Block Stucco

Interior Features

Cooling Central Air Cooling YN Yes

Property Features

Listing Terms Cash Conventional Special Listing Conditions None

REsides, Inc.
Listing provided courtesy by Calhoun Street Promenade Real Estate, Inc: 843-757-5464.


REsides, Inc logo We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © 2024 REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc. Data last updated 2024-06-16T23:58:01.15.
 
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