9 Promenade Street # A

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.