Firestone

8 Mallett Way, Bluffton, SC
Deal Type:
Net Lease
Price:
$4,200,721
Cap Rate:
4.85%
Current Rent:
$203,735*
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 11 years
Renewal Options:
Four, 5 years options
Building Sq. Ft.:
6,746 SF
Rent Increases:
10% every 5 years
Site Size:
1.98 Acres

Investment Highlights

  • Firestone is situated on the Main Thoroughfare to and from Hilton Head Island, seeing more than 58,000 VPD
  • Subject Property is located in an affluent trade area with an average household income of $106,000 within 5 miles
  • Located in high-growth market of Bluffton/Hilton Head, South Carolina market ~ 21% year over year
  • Surrounding retail include: Tanger Outlets Hilton Head, Sam’s Club, Walmart Supercenter, Kroger, Target, The Home Depot, Best Buy, Hobby Lobby, Walgreens, CVS, Wells Fargo, AutoZone, etc.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

In Association with ParaSell, Inc. | A Licensed South Carolina Broker #23763

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