Property Description

Two commercial condos in the successful Promenade with a long term, stable tenant in place and NNN lease currently offering a cap rate of 6 percent ending in an 8 percent cap rate at the duration of
the option period. Calhoun Street Promenade is a thriving mixed use center with rarely available offerings – home to many successful local and national purveyors. The Promenade has enjoyed
between 5-17 percent average annual property value appreciation over the last 14 years. These condos are in a prime location in the heart of Bluffton, receiving national exposure for its charming mix
of restaurants, shops, walkability & community events.

Address Map
Bluffton/General
SC
Beaufort
Bluffton
CALHOUN STREET PROMENADE
29910
9
Promenade Street
N32° 14' 18.3''
W81° 8' 16.9''
A
Bluffton/General
Features
: Central Air
MLS Addon
Calhoun Street Promenade Real Estate, Inc
Sheree' Shiflett
CALHOUN STREET PROMENADE
Additional Information
Brick,Block,Stucco
Bar/Tavern/Lounge,Restaurant
Listing Information
Cash,Conventional
Active
536002
536
2024-08-23T00:47:44Z
None
2024-08-22T20:47:01Z
HILTONHEAD
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9 Promenade Street Bluffton SC 29910

Visits : 41
$1,290,000
Listing ID #444724
Basic Details
Property Type : Commercial Sale
Listing ID : 444724
Price : $1,290,000
Status : Active
Agent info
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