For Auction
REIT Sale | Former Zips Car Wash | 17K VPD | I-95 Access
Walterboro, SC 29488Represented by
Marcus & Millichap
Asset Snapshot
Investment Highlights
Offering Summary
For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 2048 Bells Highway in Walterboro, South Carolina is a vacant ±3,642 SF freestanding car wash/specialty property on ±0.628 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible retail asset at an exceptional basis. Built in 2008, the Property includes a former automatic car wash, four covered self-service wash bays, vacuum stations, 18 parking spaces, and monument signage, providing an established framework for continued operation, lease-up, or adaptive reuse. Positioned just off Bells Highway, which carries ±17,827 VPD, the site is approximately 0.5 mile from I-95, where traffic exceeds ±49,552 VPD. IICD, Interstate Interchange Commercial District zoning within the C-O Corridor Overlay provides flexibility for a variety of commercial uses, subject to municipal approvals. The Property is also located in an Opportunity Zone and approximately 2 miles from HCA Healthcare Colleton Hospital. CoStar estimates retail rents at approximately $18 PSF NNN, supporting value-add potential through re-tenanting or repositioning.
Due Diligence
Location
Walterboro is the county seat and primary commercial hub of Colleton County, positioned along I-95 in South Carolina’s Lowcountry. The Property sits off Bells Highway near Walmart, Five Below, QuikTrip, and other national retailers, about 2 miles from HCA Healthcare Colleton Hospital. The 5-mile trade area includes ±15,266 residents with average household income above $72,000.
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Platform Fee
Buyer pays platform fee at closing.
5% or $20,000 minimum
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
