This exceptional Class A retail space, totaling 30,580 square feet, is ideally situated just one block from Charleston's vibrant King Street. Built in 2019, the property offers 1,547 square feet of immediately available space, perfect for a restaurant or retail establishment. The building boasts 560 parking spaces and elevators, ensuring convenient access for customers and employees. Located in the 51 - Peninsula Chas. inside of crosstown submarket of Charleston County, SC (APN 459-05-03-124), this property benefits from its proximity to Greystar's corporate headquarters and a luxury apartment complex housing over 300 residents. The location is further enhanced by its position along The Low Line, a revitalized community space offering parks, markets, and events. This prime location ensures high foot and vehicle traffic, making it an ideal opportunity for a business seeking high visibility and accessibility. Landlords are offering special incentives and terms to qualified food and beverage operators, particularly those with a café, deli, or lunch concept. The available space is adjacent to the main entrance and lobby, providing excellent exposure. A market-leading tenant improvement package is available, allowing ample time for build-out. Don't miss this chance to be part of Charleston's most dynamic mixed-use development
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$258,476
6.5%
$238,593
7%
$221,551
Comparable approach
Method
Valuation
Relative Method
$367,298
Geo Method
$484,312
Alternative Use
Use
Valuation
Residential
$295,856
Hospitality
$271,002
Educational
$225,471
Medical
$233,225
Retail
$350,732
Location Insight
City
Charleston
County
Charleston
State
South Carolina
Latitude
32.795
Longitude
-79.9406
CBSA code
16700
CBSA name
CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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