A small corner.
A bigger plan.
A 24,625 SF coastal retail center on Summerville’s busiest road — built with light-gauge steel we manufacture ourselves. $9.72M stabilized value vs $3.87M total cost — 17.6% yield-on-cost, 2.5× on basis.
A hard corner on N. Main.
- Address
- 2063 N. Main St, Summerville, SC 29483
- Land
- 2.80 acres · hard corner
- Building
- 24,625 SF retail · two pads
- Frontage
- 41,900 cars / day (SCDOT)
- Construction
- Light-gauge steel, sponsor-built
- Status
- Civil + TIA in progress
Three reasons
this deal works.
A corner that already moves.
N. Main Street pulls 41,900 cars a day past the front door. Summerville is one of the fastest growing towns in the Charleston metro. Local food, service and retail tenants need small-bay space. The corner is ours.
We make the steel.
The sponsor owns the light-gauge steel plant. Wall panels and trusses are fabricated in-house and shipped straight to the site. That cuts 15–20% off the shell cost and shortens the schedule. No outside developer can match the basis.
The risky work is done first.
Land is controlled. Civil drawings are 70% complete. Traffic study is in motion with SCDOT. Budget is locked line-by-line in the GC estimate. Capital comes in after the heavy lifting — not before.
Two pads. One walkable courtyard.
Single-story. Glass storefronts. Light-gauge steel shells. Designed for fast tenant fit-out and a comfortable, walkable feel that fits the Summerville vernacular.
Built on simple math.
Underwritten with care.
Below is the full deal sheet — rent, NOI, cost, value, profit. Everything ties back to the line-by-line GC estimate and a $30 / SF NNN rate the submarket already supports.
Sale price by cap rate.
Value = NOI ÷ cap rate. Profit = value − cost. All figures in thousands.
Underwriting case: 7.0% cap. Profit measured against $3,867,503 all-in cost (land $244K + construction $3.42M + soft $200K).
Summerville is the move.
The Charleston metro keeps growing — and Dorchester and Berkeley counties are growing fastest. Median household income in Summerville sits near $81K. Daytime population on N. Main is high. Demand for small-bay retail is real and steady.
Where we are.
Where we go next.
- 01LandQ1 2026Site assembled and controlledComplete
- 02Civil engineeringQ2 2026Drawings 70% completeIn progress
- 03Traffic study (TIA)Q2 2026SCDOT coordination underwayIn progress
- 04PermitsQ3 2026After civil + TIA closeUp next
- 05ConstructionQ4 2026 – Q3 20279–10 month LGS buildUp next
- 06Lease-up2027Pre-leasing runs in parallelUp next
Built by an operator.
Justen Liu has spent thirty years opening, fixing and selling small businesses across the Carolinas — restaurants, kitchens, retail. The lessons are paid for. He now owns the light-gauge steel plant that frames this center, which is why the basis works.
“I have lived through the wins and the losses. This time the steel is mine, the corner is mine, and the budget is locked. I am building this one to keep.”
— Justen Liu, Sponsor
Limited LP allocation.
Tell us who you are. We will send the deal memo, the budget, and the next step. We respond within 48 hours.
- Address
- 2063 N. Main St, Summerville, SC 29483
- Min ticket
- $100K — accredited investors
- Hold
- 3–5 years to refinance / sale