The Carolina Retail Experts of Lee & Associates in Charleston, SC are now selectively marketing the New One Nexton Center under development by the nationally renowned Jim Wilson & Associates. The project is a 1.5 million square foot multi-use regional project comparable to the likes of Avalon in Atlanta and set to deliver in the Charleston suburb of Summerville, SC in 2019. The project features approximately 800,000 SF of Retail, with 400 residential units, Two Office Towers and at least Two Hotels in the epicenter of the Nexton Development. Nexton overall is a Planned community that will contain upwards of 8,000 single family homes and 2,000 multifamily units at completion. This density of residential growth, when combined with the access provided via the new Interstate interchange to all points north including Carnes Crossroads, Cane Bay and the Wildcat Tract (about 100,000 residents at completion) will dramatically effect traffic patterns along US Highway 17A within the next 12 months reducing commute times for residents from these neighborhoods by 15 minutes! One Nexton, with the new I-26 interchange will be the destination for authentic and inspired experiences in the Summerville/Nexton Growth Corridor. See attached flyer and site plan for additional property information.
| City Name | Summerville |
| County | Berkeley |
| State | SC |
| Property Type | Retail |
| Postal Code | 29486 |
| Date Modified | 2018-06-26T12:04:51 |
| Property Status | Under Construction |
| Status | Active |
| Title | One Nexton - Brighton Park Outparcels |
Listed by: Lee & Associates - Charleston | 843-747-1200
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
