Okatie Village
$4,800,000
201 Okatie Village Drive, Okatie, SC 29909
6.51
Cap Rate
312,536.52
NOI
Details:
Description:
SVN is pleased to offer a stabilized, shadow grocery anchored in line retail center located within Okatie Center. Okatie Village is newly constructed, 100% occupied and comprised of four (4) tenants. This income producing asset provides immediate cash flow with scheduled net operating income for the twelve-month period ending April 2027 projected at $312,536.52. The weighted average lease term is 5.36 years, delivering durable income and long-term stability in one of the fastest growing corridors in the greater Bluffton and southern Beaufort County market.
Located at the signalized intersection of U.S. Route 278 and South Carolina Highway 170 within Okatie Center, a ±268-acre regional commercial node serving southern Beaufort and Jasper Counties. The property sits directly adjacent to Sun City Hilton Head, home to more than 17,500 residents, and is minutes from University of South Carolina Beaufort and Technical College of the Lowcountry. This corridor is experiencing sustained residential expansion, with thousands of new homes in various stages of development throughout Bluffton and Jasper County. The site is strategically positioned to capture demand from the Savannah, Hilton Head, Beaufort, and greater Jasper County markets.
Location
Gallery
