Nexton Pkwy and Scholar Way - Convenience Store FOR SALE


Summerville, SC 29486
$8,814,380 USD
843-343-1351
Nexton Pkwy and Scholar Way, Summerville, SC for Sale
$8,814,380 USD
Convenience Store - FOR SALE
1/9
null | 5.2% Cap Rate

Nexton Pkwy and Scholar Way
Summerville, SC 29486


HIGHLIGHTS

  • Charleston MSA
  • Nexton Community recently named “Best Mix-Use Development in the United States”
  • 260% Population Growth (2010-2023)
  • Full access to Nexton Pkwy (29,000 VPD)
  • Next to Nexton Elementary School

OVERVIEW

Oswald Cooke is pleased to present a newly constructed corporate 7-Eleven to qualified investors. Located in the Charleston suburb of Summerville, the store sits in the master planned community of Nexton, recently named “Best Mix-Use Development in the United States”. Nexton Parkway connects Interstate 26 to Highway 176, which empties into Cane Bay, the #4 top-selling master planned community in the country. The site is adjacent to Nexton Elementary School and a recently opened Harris Teeter shopping center, and across from a soon to be opened Publix center. Summerville is the epicenter of growth in the Charleston MSA, where the natural barriers of the Atlantic Ocean, the Francis Marion National Forest, and The Ace Basin force development west. Locally, Volvo recently launched production in their $1.2B facility on the EX90 SUV model, and Redwood Materials selected Camp Hall in Summerville as home for their $3.5B battery manufacturing plant. South Carolina has seen population growth of 31% in the last two decades and has annual sustained growth a 1.42%.

FOR SALE DETAILS

PRICE

$8,814,380 USD

PRICE/SF

$1,896 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven - New Construction - Nexton

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

PD-MU

APN/PARCEL ID

221-00-00-254

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.