1029 Broad St

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1029 Broad St

sumter, SC 29150
Asking Price
$3.16M
Asset Type
Retail
Class
Class B

What's Special

1029 Broad Street is situated within the primary commercial corridor of Sumter, South Carolina. The surrounding neighborhood is characterized by a high density of established national retailers, casual dining franchises, and service-oriented businesses. The property offers direct frontage on Broad Street, a major local thoroughfare that facilitates high daily traffic counts and connects the site to the downtown district and nearby residential areas. Accessible via multiple turn-ins, the location provides proximity to the Sumter Mall and several grocery-anchored shopping centers, ensuring consistent regional draw. The property is suited for a variety of general retail applications, including hardware sales, specialty boutiques, or consumer showrooms. Its layout and high-visibility positioning cater to tenants requiring significant signage opportunities and ease of access for local commuters. Typical tenant profiles for this asset include regional franchise operators, discount retailers, or service providers such as mobile phone carriers and insurance agencies. The site's zoning and location within a developed trade area support businesses that rely on frequent customer turnover and synergy with neighboring commercial anchors.

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NOI
$80,000
Cap Rate
2.53%
DSCR
0.43
Underwater
Cash-on-Cash
-11.35%
Monthly Payment
$15,624.061
Annual Cash Flow
$-107,488.731

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