1261 Ribaut Road

Description

Perfect Retail Space in Beaufort, SC! 🛍️🏢Welcome to 1261 Ribaut Road, Beaufort, SC! An incredible opportunity awaits you with this prime retail space currently occupied by the renowned Family Dollar. Boasting an impressive 9,180 square feet of retail area, this property sits on a spacious 1.25-acre lot, providing ample space for expansion and growth.💰💼 Lucrative Investment 💼💰With a net operating income in excess of $100,000 and a solid cap rate of 7%, this commercial gem guarantees a lucrative investment for savvy entrepreneurs and investors. The potential for future revenue growth is evident, making it a promising addition to any investment portfolio.Perfect Retail Space in Beaufort, SC! = Welcome to 1261 Ribaut Road, Beaufort, SC! An incredible opportunity awaits you with this prime retail space currently occupied by the renowned Family Dollar. Boasting an impressive 9,180 square feet of retail area, this property sits on a spacious 1.25-acre lot, providing ample space for expansion and growth. == Lucrative Investment == With a net operating income in excess of $100,000 and a solid cap rate of 7%, this commercial gem guarantees a lucrative investment for savvy entrepreneurs and investors. The potential for future revenue growth is evident, making it a promising addition to any investment portfolio.  Built to Last  Constructed with meticulous craftsmanship in 2002, this property stands tall with an all-brick and steel construction. The durability and low-maintenance aspect ensure that your investment will remain in top-notch condition for years to come. = Prime Location = Situated equidistant between Beaufort and Port Royal, SC, this location offers outstanding accessibility and high visibility to a diverse range of customers. It's strategically placed to capture the traffic flow from both areas, increasing footfall and potential for business success. = Ideal Retail Destination = The property's layout and size make it an ideal destination for retail businesses, ensuring ample space for product displays, storage, and customer convenience. From specialty stores to restaurants and everything in between, this versatile space accommodates a wide array of businesses. Don't miss out on this golden opportunity to own a premium retail space in Beaufort, SC! Take advantage of the thriving commercial market and secure your place in a bustling business hub. Schedule a viewing today and witness the potential of 1261 Ribaut Road for yourself. Contact us now to get more information and arrange a private tour. This is the investment you've been waiting for! = #BeaufortRetailSpace #InvestInSC #CommercialOpportunity Within this market, General Retail is the largest subtype, with 6.2 million SF in this category. Rents are around $21.00/SF, which is a 4.3% increase from where they were a year ago. In the past three years, rents have increased a cumulative 14.3%. About 260,000 SF is under construction, representing a 2.0% expansion of inventory. In the past 12 months, 67 sales have taken place. Sales have averaged $210/SF, and the estimated value for the market as a whole is $221/SF. Although both employment and population have grown in the past year, employment growth has outpaced population growth. The number of jobs has increased 3.5% in the past year, while the population has grown by 0.7%