July 19, 2024 – Kyle Danielson and Chris King of Horvath & Tremblay have successfully completed the sale of an Edward Jones in Beaufort, South Carolina. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $390 ,000.
The property is a condominium interest in the single tenant suite located at 95 Sea Island Parkway, Suite 101 in Beaufort, South Carolina. Edward Jones has been at this location for 15+ years and has 4+ years remaining on their lease with one (1), 5-year renewal option. The lease features attractive 2% annual rent increases throughout the primary lease term. The Property is extremely well-located at the intersection of Sunset Boulevard and Sea Island Parkway (US Route 21 Business), the area’s primary commercial and commuter corridor. Edward Jones is part of The Shoppes at Hamilton Village, and benefits from excellent visibility and frontage along Sea Island Parkway (US Route 21 Business) in Beaufort’s southeastern commercial/business district. This location allows for convenient and direct access to Downtown Beaufort, 1.5-miles northwest, as well as the Lowcountry Islands and beaches. The Property is 1.3-miles from the Beaufort Executive Airport, 1.5-miles from Walmart Supercenter, and is within 2-miles of several area schools (Beaufort High School, Beaufort Academy, and Lady Island Middle School). The Property is surrounded by national and local retailers and restaurants, and area schools, that drive traffic to the area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.