The Palomar Group Completes $1,500,000 Sale of Advance Auto Parts in Charleston, SC

The Palomar Group is pleased to announce the successful sale of the Advance Auto Parts located at 937 Folly Road in Charleston, SC. The property, featuring a short-term lease with no renewal options and below-market rent, was sold by a private seller to a private buyer for $1,500,000.

This transaction marks an exciting milestone as it represents The Palomar Group’s first completed deal in Charleston, where the firm recently expanded with a new office.

“We are thrilled to complete this sale to a close buyer and look forward to watching how their investment helps accelerate the growth of the James Island retail corridor,” said Brent Hadden, Associate at The Palomar Group.

With offices in Augusta, GA, Charleston, SC, and Houston, TX, The Palomar Group specializes in investment sales of retail and multifamily properties nationwide. The team has executed transactions totaling more than 13.5 million square feet and $1.5 billion across 19 states, leveraging its market knowledge and deep buyer and seller relationships to deliver strong outcomes for clients.

For more information, please visit www.thepalomargroup.com or email team@thepalomargroup.com.