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$2,393,043
Est. payment /mo
44,431 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 44,431 sqft
Price per Sqft $53
MLS Listing ID 31005073
Year Built 2005
Lot Size 1.020 Acres
Acres 1.02
Property Sub-Type Retail
Property Description
Oswald Cooke & Associates is pleased to present a Verizon Wireless retail store located at 7351 Rivers Avenue, North Charleston, SC for sale. The current lease term expires in June of 2030 and the tenant has (1) 5-Year option to renew with a 10% escalation. Rivers Avenue boasts a traffic count of 54,800 VPD and is home to many National Retailers including: Target, Walmart, Best Buy, Walgreens, Northwoods Mall and more. 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.
Location
State SC
County Charleston
Zoning City of North Charleston - B-2 - General Business District
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Listed by Benjamin Cooke • Oswald Cooke and Associates
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