Oswald Cooke & Associates is pleased to present a two tenant retail center located at 7381 Rivers Avenue, North Charleston, SC. The spaces are leased to Starbucks and Sleep Number. Both Tenants base terms expire in 2029 with (4) 5-year renewal options. Rivers Avenue boasts a traffic count of 57,600 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 2022 it was estimated that 7.68 million visitors came to the Greater Charleston area which is more than pre-pandemic records. The economic impact in 2022 from tourists alone was $12.8 billion. Investment has been particularly strong in the Charleston Market in recent years, averaging more than $300 million a year since 2014.
Anchored: No
Year Built: 2013
County: Charleston
Land Size: 0.79
Title: Starbucks/Sleep Number Rivers Avenue
Second Property Subtype: Retail, Shopping Center
Zoning: City of North Charleston - B-
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $5,163,669
Property Use Type: Commercial, Investment, Neighborhood Center, Restaurant, Strip Center
Class Type: Retail
Rentable Area: 6950
Courtesy of listing office Oswald Cooke and Associates