8440 Dorchester RdNorth Charleston, SC 29420

Property Details for 8440 Dorchester Rd

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

9.51 AC

Property size (Sq ft)

49,410 SF

Zone code

B2_NC

Property type

Retail properties

Property subtype

Super regional malls

APN

172-00-00-042

APU

1720000042

Description

This exceptional 4,000 square foot endcap restaurant space is ideally situated at 8440 Dorchester Road in North Charleston, South Carolina, at the highly visible corner of Dorchester Road and Ashley Phosphate Road within the Plantation Shopping Center. The property, identified by APN 172-00-000-042 in Dorchester County, is currently fully vacant and offers a turnkey opportunity for a restaurant operator. Previously occupied by Le Crème Restaurant N Lounge, the space boasts existing restaurant infrastructure including a hood system, two walk-in coolers, and two ADA-compliant restrooms. The Plantation Shopping Center benefits from a strong anchor tenant, NewSpring Church, and enjoys a high volume of traffic due to its prominent location. This prime location offers excellent visibility and accessibility, further enhanced by its proximity to the Festival Centre Shopping Center, currently undergoing redevelopment. This presents a unique chance to capitalize on the growing commercial activity in this thriving area of North Charleston, offering significant potential for a successful restaurant venture. The property is classified as a multiple-tenancy retail space, specifically a restaurant subtype. This 2nd-generation space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $15,050,505

  6.5%

  $13,892,774

  7%

  $12,900,433

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,131,406

  Geo Method

  $21,085,066

• Alternative Use

  Use

  Valuation

  Residential

  $11,719,075

  Hospitality

  $10,734,609

  Educational

  $8,931,069

  Medical

  $9,238,222

  Retail

  $13,892,774

Location Insight

City

North Charleston

County

Dorchester

State

South Carolina

Latitude

32.9166

Longitude

-80.1081

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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