New Construction Starbucks

$3,755,000

18 Pope Avenue, Hilton Head Island, SC 29928

For Sale

Retail Restaurant

Active

Last Updated: 12/03/2024

Details:

Cap Rate: 4.5%

NOI: $169,000

Building Size: 2,060 sqft

Lot Area: 0.82 acres

Occupancy: 100%

Class: A

Lease Type: Double Net

Year Built: 2023

Zoning: commercial

Tenancy: Single

Parking Spots: 32

Roof: 15 Year Warranty

HVAC: Tenant Responsibility

Floor: 1

Lease Expire Year: 2033

Offered by

Joe Pope

Broker in Charge

National Asset Realty, LLC

#23198

Request Info to Unlock

Highlights:

No Early termination Clause
Brand New Construction
15 Year Roof Warranty
Hilton Head Island Location

Description:

This Starbucks is open and paying rent. It has a 10 year NN+ corporate guaranteed lease with no early termination clause.

Ranked one of the most popular Island destinations in the United States, Hilton Head’s got it all! From beautiful beaches and world-class golf courses to exceptional restaurants and high-energy water sports.

This Starbucks is strategically located off of Pope Avenue, which is the main drive to Coligny Beach and is in between Sea Pines Resort, Wexford Resort and Shipyard Golf Club. It has a dedicated drive-thru. The average daily traffic count along Pope Avenue is over 32,000 vehicles per day. This Starbucks is located close to the famed Harbor Town Golf Links where the Heritage Golf Tournament is held as well as the Harbor Town Lighthouse.