Retail Business for Sale in Walterboro, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Walterboro, SC 29488

Description

Marcus & Millichap is pleased to present the offering for American Title Loans in Walterboro, SC. Investment Highlights: • SINGLE TENANT RETAIL PROPERTY: 1,200-SF on a 0.22 acre lot. • 17.75 YEARS REMAINING ON A NEW NNN LEASE: New 20-year triple net lease signed in 2024 extends the lease through 2044 with three percent annual rental increases and two, five-year renewal options. No l • CORPORATE GUARANTEE: Lease is Corporately Guaranteed by North American Title Loans, with Over 400 Locations Across Four States. • FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control over the Asset. • HIGH VISIBILITY HARD SIGNALIZED CORNER LOCATION: Located on a Hard Signalized Corner with Lighted Pylon Sign and Easy Access from Both Traffic Directions. • MAIN TRAFFIC CORRIDOR: Jefferies Blvd Sees 13,800 Vehicles per Day, Running Through Downtown Walterboro and into Interstate 95, Which Sees 47,000 Vehicles per Day. • PROXIMITY TO MULTIPLE METRO AREAS: Walterboro is Centrally Located One Hour from Charleston,SC, Columbia, SC and Savannah, GA. • STABLE DEMOGRAPHICS: The Population Exceeds 15,900 Within Five Miles of the Property and is Projected to Increase by 2030. Unemployment is Below Three Percent Within One Mile.

Market Context

This retail in Walterboro, SC is listed for sale. It is offered at an approximate 6.4% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 67 days. Compare it against other retail listings for sale in Walterboro, SC — <a href="/search/sale/retail/south-carolina/walterboro">view the full market</a>.

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