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Department Store

Lowe's

35 Malphrus Rd, Bluffton, SC 29910

Listing Price: $9,009,523

Cap Rate
5.25%
Tenant Name
Lowe's
Years Remaining On Lease
5.2
Gross SF
155,000
Guarantor
Corporate Guarantee
Rentable SF
155,000
Price/Gross SF
$58.13
Lease Type
Absolute Net
Rent Per Square Feet
$3.05

Investment Overview

Marcus & Millichap is pleased to present a Lowes for sale located at 35 Malphrus Road in Bluffton, SC. The 155,000 Square Foot Building on over 27 Acres benefits from being located in between two highly trafficked corridors, Hwy 278 & Bluffton Pkwy. The investment is perfect for a principal looking to enter the rapidly growing Hilton Head market as this investment draws from major economic zones. The property is subject to a Absolute NNN Ground Lease with a Corporate Guarantee. This Lowes property brings a diversity of national retailers like Cost Plus World Market, Firehouse Subs, Big Lots, PetSmart, Verizon, Chick-fil-A, McDonalds, Circle K, H&M, Nike Factory Store, Pro Golf Discount and Old Navy.

Investment Highlights

  • Absolute NNN Lease | Corporate Guarantee from Lowes Companies, Inc. | S&P: BBB+
  • Heavy Traffic Counts |19,000+ Vehicles Per Day on Bluffton Parkway
  • Tenant Exercised 5 Year Option showing commitment to the location

Exclusively Listed By

Broker of Record

  • Drew Babcock

    First Vice President Investments

    (803) 678-4900

    License(s) SC: 39872

    South Carolina

Financing By

Listing Price: $9,009,523

Cap Rate
5.25%
Tenant Name
Lowe's
Years Remaining On Lease
5.2
Gross SF
155,000
Guarantor
Corporate Guarantee
Rentable SF
155,000
Price/Gross SF
$58.13
Lease Type
Absolute Net
Rent Per Square Feet
$3.05

Investment Highlights

  • Absolute NNN Lease | Corporate Guarantee from Lowes Companies, Inc. | S&P: BBB+
  • Heavy Traffic Counts |19,000+ Vehicles Per Day on Bluffton Parkway
  • Tenant Exercised 5 Year Option showing commitment to the location

Investment Overview

Marcus & Millichap is pleased to present a Lowes for sale located at 35 Malphrus Road in Bluffton, SC. The 155,000 Square Foot Building on over 27 Acres benefits from being located in between two highly trafficked corridors, Hwy 278 & Bluffton Pkwy. The investment is perfect for a principal looking to enter the rapidly growing Hilton Head market as this investment draws from major economic zones. The property is subject to a Absolute NNN Ground Lease with a Corporate Guarantee. This Lowes property brings a diversity of national retailers like Cost Plus World Market, Firehouse Subs, Big Lots, PetSmart, Verizon, Chick-fil-A, McDonalds, Circle K, H&M, Nike Factory Store, Pro Golf Discount and Old Navy.

Exclusively Listed By

Broker of Record

  • Drew Babcock

    First Vice President Investments

    (803) 678-4900

    License(s): SC: 39872

    South Carolina

Financing By

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