Building Size: 10,900 SF
Property Type: Retail
Lease: Base term expires November 2019
Cap Rate: 8.15%
No. Stories: 1
Tenancy: Single
Oswald Cooke & Associates is pleased to offer a NNN corporate Rite Aid Lease. The base term of the lease expires November 2019 and has (4) 5-Year renewal options*. The subject site is located at 1195 Remount Road, Charleston, SC just off of Interstate-526. The parcel is located at the intersection of Remount Road and North Rhett Avenue. This is the last intersection before entering Charleston Naval Weapons Station, Kapstone Paper Mill (1,000 employees), and the North Charleston Port Terminal. The site is only 8 miles from downtown Charleston and offers a combined traffic count of 46,600 VPD.
*see agent for details
Charleston, SC