Viewing Listing MLS# 31005073
North Charleston, SC 29406
- $598.26Price per SqFt
- 4,000SqFt
- 161Days on Market
- N/AZoning
- 2005Year Built
- RetailUse
- MLS# 31005073
- Commercial Sales
- Retail
- Active
- Approx Time on Market5 months, 11 days
- AreaNorth Charleston/summerville/ladson Dorchester
- CountyCharleston
- Subdivision N/A
Overview
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.
Building Info
Anchored: No
Year Built: 2005
Financial
Garage / Parking
Lot Info
County: Charleston
Land Size: 1.02
Misc
Title: Verizon - Rivers Avenue
Offer Compensation
Property Info
Second Property Subtype: Retail
Zoning: City of North Charleston - B-
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $2,501,818
Class Type: Retail
Sold Info
Sqft Info
Rentable Area: 4000
Unit Info
Utilities / Hvac
Courtesy of listing office Oswald Cooke and Associates
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