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$5,400,000.00 1401 BEN SAWYER BLVD

  • MLS#:29853282
  • Address: 1401 BEN SAWYER BLVD
  • City / Zip:Mount Pleasant, SC 29464
  • Area:Mt. Pleasant out to Hwy 41
  • County:Charleston
  • Sq Ft:26,392
  • Acres:2.600 2.60
  • Zoning:COMMERCIAL
  • Time On Market:03/15/2016
  • Property Type: Cmmercial Sale
  • Status: Active

Agent's Comments

We are pleased to present the exclusive listing of the investment sale of Gateway to the Beach which is on a ground lease. This CVS anchored open-air neighborhood shopping center is located on well-traveled Ben Sawyer Blvd. at the intersection of McCants Dr., Ben Sawyer Blvd., and Rifle Range Rd. This is a high traffic location with over 22,000 vehicles daily. It would be very difficult to replicate this property. This property features an eclectic mix of retail, restaurant and services. Gateway to the Beach is highly visible, has excellent signage and is accessible on two roads. Additionally this property features excellent demographics with a dense population and is surrounded by affluent neighborhoods. Other business in the immediate vicinity include: Publix, Bilo and Harris Teeter. This is an irreplaceable, hard to develop location in a highly desirable Mt. Pleasant location.DIRECTIONS: From Downtown Charleston merge onto U.S 17 N/Arthur Ravenel Jr Bridge via the ramp to Mt Pleasant, Take the S Carolina 703/Coleman Blvd ramp to Sullivans Island, merge onto Coleman Blvd. continue onto Ben Sawyer, Gateway to the Beach will be on the right.TENANT INFO: CVS, MICHAEL'S CLEANERS, MARY MOJO, EOS ART SUPPLY, J PAULZ CVS EMPLOYS APPROXIMATELY 200,000 IN 44 STATES, THE DISTRICT OF COLUMBIA, AND PUERTO RICO, OPERATES MORE THAN 7,327 RETAIL STORES, 30 ONSITE PHARMACIES, 31 SPECIALTY PHARMACY STORES, 13 SPECIALTY MAIL ORDER PHARMACIES, FOUR MAIL ORDER PHARMACIES, AND CVS.COM AND CAREMARK.COM WEBSITES. QUICK FACTS • HEADQUARTERS LOCATED IN WOONSOCKET, R.I. • MORE THAN $107 BILLION IN ANNUAL REVENUE • RANKED 18TH ON FORTUNE 500 FOR 2012 • NO. 1 PROVIDER OF PRESCRIPTIONS – MORE THAN 1 BILLION PRESCRIPTIONS FILLED OR MANAGED ANNUALLY • NO. 1 SPECIALTY PHARMACY • LARGEST EMPLOYER OF PHARMACISTS AND NURSE PRACTITIONERS • 75 PERCENT OF THE U.S. POPULATION LIVES WITHIN THREE MILES OF A CVS/PHARMACY • NO. 1 RETAIL-BASED MEDICAL CENTER OPERATOR • MORE THAN 13 MILLION MINUTECLINIC PATIENT VISITS TO DATE NO. 1 RETAIL LOYALTY PROGRAM – MORE THAN 69 MILLION ACTIVE EXTRACARE CUSTOMERS


Additional Information

Lot Description
We are pleased to present the exclusive listing of the investment sale of Gateway to the Beach which is on a ground lease. This CVS anchored open-air neighborhood shopping center is located on well-traveled Ben Sawyer Blvd. at the intersection of McCants Dr.
Ben Sawyer Blvd.
and Rifle Range Rd. This is a high traffic location with over 22
000 vehicles daily. It would be very difficult to replicate this property. This property features an eclectic mix of retail
restaurant and services. Gateway to the Beach is highly visible
has excellent signage and is accessible on two roads. Additionally this property features excellent demographics with a dense population and is surrounded by affluent neighborhoods. Other business in the immediate vicinity include: Publix
Bilo and Harris Teeter. This is an irreplaceable
hard to develop location in a highly desirable Mt. Pleasant location.DIRECTIONS: From Downtown Charleston merge onto U.S 17 N/Arthur Ravenel Jr Bridge via the ramp to Mt Pleasant
Take the S Carolina 703/Coleman Blvd ramp to Sullivans Island
merge onto Coleman Blvd. continue onto Ben Sawyer
Gateway to the Beach will be on the right.TENANT INFO: CVS
MICHAEL'S CLEANERS
MARY MOJO
EOS ART SUPPLY
J PAULZ CVS EMPLOYS APPROXIMATELY 200
000 IN 44 STATES
THE DISTRICT OF COLUMBIA
AND PUERTO RICO
OPERATES MORE THAN 7
327 RETAIL STORES
30 ONSITE PHARMACIES
31 SPECIALTY PHARMACY STORES
13 SPECIALTY MAIL ORDER PHARMACIES
FOUR MAIL ORDER PHARMACIES
AND CVS.COM AND CAREMARK.COM WEBSITES. QUICK FACTS • HEADQUARTERS LOCATED IN WOONSOCKET
R.I. • MORE THAN $107 BILLION IN ANNUAL REVENUE • RANKED 18TH ON FORTUNE 500 FOR 2012 • NO. 1 PROVIDER OF PRESCRIPTIONS – MORE THAN 1 BILLION PRESCRIPTIONS FILLED OR MANAGED ANNUALLY • NO. 1 SPECIALTY PHARMACY • LARGEST EMPLOYER OF PHARMACISTS AND NURSE PRACTITIONERS • 75 PERCENT OF THE U.S. POPULATION LIVES WITHIN THREE MILES OF A CVS/PHARMACY • NO. 1 RETAIL-BASED MEDICAL CENTER OPERATOR • MORE THAN 13 MILLION MINUTECLINIC PATIENT VISITS TO DATE NO. 1 RETAIL LOYALTY PROGRAM – MORE THAN 69 MILLION ACTIVE EXTRACARE CUSTOMERS

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MLS # 29853282, 1401 Ben Sawyer Blvd, Mount Pleasant




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