$5,828,160 | N/A beds | N/A full baths | N/A half baths | 6,950 sqft

$5,828,160 Reduced -$118,942
7381 Rivers Ave
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 

Mortgage Calculator

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Price & Status History (on robertsonhowland.com since Tue, Jan 18th 2022)
  • Original Price: $5,947,102
  • Current Price: $5,828,160
  • Price Reduced: $118,942
Date ChangedFromTo
05/25/2022$5,947,102 $5,828,160 Reduced by $118,942
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Robertson Howland Properties are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 10-06-2022 9:05 PM EST . 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. Copyright 2022 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2022 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 10-06-2022 9:05 PM EST est.

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