$5,828,160
Reduced -$118,942
7381 Rivers Ave
North Charleston, SC 29406
North Charleston, SC 29406
- $838.58Price per SqFt
- 6,950SqFt
- 261Days on Market
- N/AZoning
- N/AYear Built
- Retail-CommercialUse
- 478-03-00-121Tax ID
- MLS# 30783753
- Commercial Sales
- Retail-Commercial
- Active
- Approx Time on Market8 months, 18 days
- AreaNorth Charleston/summerville Outside I-526
- CountyCharleston
- SubdivisionN/A
Overview
Oswald Cooke & Associates is pleased to present a two tenant retail center located at 7381 Rivers Avenue, North Charleston, SC. The spaces are leased to Starbucks and Sleep Number, both terms have a 10-Year base lease structure and renewal options . Rivers Avenue boasts a traffic count of 44,800 VPD and is home to many National Retailers including: Target, Walmart, Best Buy, Walgreens, Northwoods Mall and many others. Charleston has been named the No. 1 Tourist Destination in America by Conde Nast multiple times. In 2017 it was estimated that 6.9 million visitors came to the Greater Charleston area which is a 26% increase from 2016. The economic impact in 2017 from tourists alone was $7.37 billion. Investment has been particularly strong in the Charleston Market in recent years, averaging more than $300 million a year since 2014.
Building Info
Year Built Date: 2,013
Financial
Sale Terms: Cash to Seller
Sale Price Max Total: $5,828,160
Sale Price Min Total: $5,828,160
Lot Info
Acres: 0.00
Misc
Use Type: Net Leased Investment (NNN)
Property Info
Msa: Charleston-North Charleston
Title: Starbucks - Sleep Number Rivers Ave
County: Charleston
Property Subtype: Day Care Facility, Free-Standing Building, Restaurant, Retail-Pad, Other
Sale / Lease Info
Sqft Info
Sqft: 6,950
Size Rentable Sf: 6,950
Tax Info
Courtesy of listing office Oswald Cooke and Associates
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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