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Commercial

87 Old Trolley Rd - Land

87 Old Trolley Rd, Summerville, SC 29485

Listing Price: $350,000

Lot Size
0.39 acres
Price/Acre
$897,436
Land Type
Redevelopment

Investment Overview

A tenant occupies the small building on this parcel of land on a short-term basis, set to expire 12/31/2021. Annual rent is $14,400, however, this amount has not been included in NOI or Cap Rate for the investment as the landlord has a “substituted premises” clause allowing relocation of the tenant with 30 days notice.

Investment Highlights

  • Property can be purchased individually or with 89 Old Trolley Rd Office
  • Land with short-term tenant & substitute premises clause
  • Ideal lot for redevelopment

Exclusively Listed By

Listing Price: $350,000

Lot Size
0.39 acres
Price/Acre
$897,436
Land Type
Redevelopment

Investment Highlights

  • Property can be purchased individually or with 89 Old Trolley Rd Office
  • Land with short-term tenant & substitute premises clause
  • Ideal lot for redevelopment

Investment Overview

A tenant occupies the small building on this parcel of land on a short-term basis, set to expire 12/31/2021. Annual rent is $14,400, however, this amount has not been included in NOI or Cap Rate for the investment as the landlord has a “substituted premises” clause allowing relocation of the tenant with 30 days notice.

Exclusively Listed By

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