6060 Rivers Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30165607
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 28,746 SF
Gross Building Area: See Agent
Sale Price: $2,500,000
Unit Price: $86.97 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/18/2018

Overview / Comments

This sale offering consists of 6050 Rivers Avenue, 6060 Rivers Avenue, and 2030 Hawthorne Drive. The multi-unit property consists of a multi-tenant office center and two single-tenant buildings. Centrally located off of busy Rivers Avenue in North Charleston, this center offers convenient access from I-526 and I-26. Currently listed below replacement cost, this is an excellent opportunity to invest in the burgeoning North Charleston district.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 32 - N.Chas./Summerville outside I-526
Tax ID/APN: 475-16-00-004; 475-16-00-013
Area Description: North Charleston is centrally located within the Charleston, MSA and serves as its industrial hub. The city is home to the Charleston International Airport, Boeing Aircraft, and the Global Financial Services – Charleston, just to name a few. North Charleston continues to lead the state in retail sales for the twenty-first consecutive year, citing over $6.15B in gross sales for 2012. With a population of over 100,000, North Charleston is South Carolina’s third largest city.
Year Built: 1971

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,052 47,114 128,907
Median Age: 33.45 32.1 32.76
Households: 4,208 17,902 49,143

Contact

Photograph of Listing Agent

Trey E Lucy, III

Belk / Lucy SCCMLS Member
Photograph of Listing Agent

Blair A Belk

Belk / Lucy SCCMLS Member
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