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Okatie Crossing Business Center 50 Terrace Dr

6,000 SF of Retail Space Available in Bluffton, SC 29909

HIGHLIGHTS

  • High Visibility
  • 100,000+ traffic count

SPACE AVAILABILITY (1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RENT
  • SERVICE TYPE
  • 1st Floor
  • 6,000 SF
  • 5 Years
  • £29.31 /SF/PA £2.44 /SF/MO £175,859 /PA £14,655 /MO
  • Triple Net
48 Terrace Dr - 1st Floor
Space Use
Retail
Condition
Shell Space
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
Space Size Term Rent Service Type
1st Floor 6,000 SF 5 Years £29.31 /SF/PA £2.44 /SF/MO £175,859 /PA £14,655 /MO Triple Net

48 Terrace Dr - 1st Floor

Size
6,000 SF
Term
5 Years
Rent
£29.31 /SF/PA £2.44 /SF/MO £175,859 /PA £14,655 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Shell Space
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Highly Desirable End Cap Space
  • Space is in Excellent Condition

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 50 TERRACE DR , BLUFFTON, SC 29909

Total Space Available 6,000 SF
Centre Type Strip Center
Parking 135 Spaces
Stores 2
Centre Properties 3
Gross Leasable Area 30,000 SF
Total Land Area 6.20 AC
Year Built 2022

ABOUT THE PROPERTY

New Construction retail/office building located at the busy intersection of Hwy 170 and Hwy 278. Over 100,000 vehicles per day traffic count between the 2 hwy's. All of Sun City has direct golf cart access to the site. AAA credit retailers surround this site as well as a brand new hospital, 300 room 55 and older apartments and 1000 high end apartment units being built directly behind this location. All leases are minimum of 5 year terms, NNN Fee is estimated to be $7.50/sqft Call the Broker for TI allowance details.

NEARBY MAJOR RETAILERS

Parker's Kitchen
Starbucks
Cracker Barrel Old Country Store
Truist
Rent-A-Center
Food Lion
  • Listing ID: 34998584

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: 50 Terrace Dr, Bluffton, SC 29909

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