5601 Rivers AveNorth Charleston, SC 29406

Property Details for 5601 Rivers Ave

Year built

1957

Lot size

6.59 AC

Property size (Sq ft)

80,100 SF

Property type

Retail properties

Property subtype

Retail space

APN

472-07-00-066

APU

4720700066

Description

Gas Lite Square, located at 5601 Rivers Ave in North Charleston, South Carolina, offers exceptional retail space in a recently renovated center. This multi-tenant property boasts a total of 80,687 square feet, with one available space ranging from 8,714 to 18,000 square feet. The property has undergone significant improvements, including a new facade, enhanced parking, upgraded lighting, updated signage, and attractive landscaping. Most bays are offered as modified shells, allowing for tenant-specific build-outs with allowances provided. This prime location benefits from its position at a major intersection, three corners of which have recently undergone redevelopment. Gas Lite Square enjoys excellent visibility and high traffic counts of 34,000 vehicles per day (VPD). Its strategic location just off I-26 and with convenient access to I-526 provides easy access for customers and employees. The property is situated in the heart of North Charleston, offering close proximity to significant employment centers such as the Boeing plant, popular shopping destinations like Tanger Outlets, and key community facilities including the North Charleston Coliseum and Convention Center. This presents a unique opportunity for businesses seeking high-traffic exposure and a vibrant location within a thriving commercial area. The property is classified as Retail, with subtypes including Office, Medical, and Salon uses. The zip code is 29406, and the property is in Charleston County.

• CAP approach

  CAP return

  Valuation

  6%

  $24,398,816

  6.5%

  $22,521,984

  7%

  $20,913,270

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,045,448

  Geo Method

  $34,181,616

• Alternative Use

  Use

  Valuation

  Residential

  $18,998,136

  Hospitality

  $17,402,190

  Educational

  $14,478,418

  Medical

  $14,976,353

  Retail

  $22,521,984

Location Insight

City

North Charleston

County

Charleston

State

South Carolina

Latitude

32.8968

Longitude

-80.017

CBSA code

16700

CBSA name

CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].