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3 Hunter Rd
Hilton Head Island, SC 29926

$3,055,929 USD

Showroom For Sale  •  13,355 SF

Property Details

  • Property Type Showroom
  • Total Building Size 13,355 SF
  • Lot Size 1.18 AC
  • Building Class C
  • Year Built 1989
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning 6615
0 Transit Score
41 Walk Score

Highlights

Property is a 100% occupied multi-tenant light industrial flex center secured by strong tenants operating under Triple Net (NNN) leases.
With a majority of the tenants having slightly below market rents and no remaining extension options.
The center is predominantly leased by tenants who have long-term tenancies at the site.
Landlord recently re-coated the roof on the front building, furthering its useful life, which includes a 10-year transferable warranty on materials.
Rare Opportunity to acquire in one of the only industrial pockets on Hilton Head Island. There is a very limited supply of quality industrial space.
Property is strategically located for light industrial use, being located near the Hilton Head Island Airport.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Charles Warner & co 975 SF 1/30/2028
Headlands Tile 5,980 SF 11/19/2030
Salt Marsh Metal Works 3,200 SF 12/30/2030
Y&L Granite 1,600 SF 6/29/2030

Amenities

  • 24 Hour Access
  • Signage
  • Storage Space

Public Transportation

AirportDriveWalkDistance
Hilton Head 7 min - 1.7 mi
Savannah/Hilton Head International 63 min - 44.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Stratton Greig 512-910-2665 Sands Investment Group Austin, LLC
Stratton Greig 512-910-2665 Sands Investment Group Austin, LLC