Starbucks | 2577 North Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Starbucks 2577 North Rd
2,305 SF 4-Star Retail Building Orangeburg, SC 29118 £1,643,145 (£713/SF) 6% Net Initial Yield
Investment Highlights
- New 10-Year Net Lease to the Largest Coffeehouse Company in the World
- Densely Populated Area with Positive and Growing Demographics
- » Projected income increases within 1-, 3-, and 5-mile radii over the next five years, poising Starbucks and Orangeburg for steady concurrent growth
- Infill Location in the Dense Orangeburg Retail Corridor
- 33,991 residents live within five miles of the property
Executive Summary
The property is conveniently located near the signalized hard corner of U.S. Route 178/ Chestnut Street Northeast and State Road S-38-1637, with excellent visibility and access to 29,100+ vehicles per day
Located in a dense retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Lowe’s Home Improvement, T.J. Maxx, Tractor Supply Co., ALDI, and many more
This Starbucks is adjacent to Prince of Orange Mall, attracting significant crossover shopping to the location
The site greatly benefits from its proximity to South Carolina State University (2,900 students, 1,696 employees)
The location serves as a common gateway to Downtown Columbia, the capital of South Carolina (population 134,057)
Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise Starbucks and Orangeburg for steady concurrent growth
Located in a dense retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Lowe’s Home Improvement, T.J. Maxx, Tractor Supply Co., ALDI, and many more
This Starbucks is adjacent to Prince of Orange Mall, attracting significant crossover shopping to the location
The site greatly benefits from its proximity to South Carolina State University (2,900 students, 1,696 employees)
The location serves as a common gateway to Downtown Columbia, the capital of South Carolina (population 134,057)
Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise Starbucks and Orangeburg for steady concurrent growth
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
2,305 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
£1,643,145
Price Per SF
£713
Net Initial Yield
6%
NOI
£98,593
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
0.77 AC
Parking
32 Spaces (13.88 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0151-14-00-002.000 | Improvements Assessment | £24,084 |
| Land Assessment | £88,558 | Total Assessment | £112,642 |
PROPERTY TAXES
Parcel Number
0151-14-00-002.000
Land Assessment
£88,558
Improvements Assessment
£24,084
Total Assessment
£112,642
-
Power Broker Vincent Aicale -
Power Broker Ryan Forsyth -
Power Broker Michael Yuras -
Power Broker Scott Crowle -
Cushman & Wakefield
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Starbucks | 2577 North Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.