1409 King St. Sub-divided

Retail-Commercial for Lease
Catylist Listing ID: 30400659
Property Subtypes: Convenience Store, Mixed Use, Street Retail
Contiguous Space: 1,000 - 1,920 SF
Total Available: 1,000 SF
Building Size (RSF): 1,000 SF
Gross Building Area: 8,000 SF
Gross Land Area: 65 Acres
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $2,083 - 4,000
Lease Types: NNN
Ceiling: 16 ft.
In Opportunity Zone? Yes
Building Name: TRUE VALUE HARDWARE STORE BLDG.
Usable Size (USF): 920 SF
Last Updated: 7/21/2019

Overview / Comments

+/- 2,000 Sq. Ft. raw space now divisible to two +/- 1,000 sq. ft. suites. Ideal tenant will be retail to include "convenience store," or "liquor store." Suite(s) directly adjacent new location of the East Bay True Value Hardware Store (which is re-locating from Society St./ next to Harris Teeter downtown). Said hardware store will become the only hardware store on the Peninsula. Rental Rate to vary based on size of suite leased (for example: 2,000 sq. ft. is offered at $21/ft. NNN; Sub-divided !,000 sq. ft. at $25/ft. NNN). Property under renovation. Completion date May 1st. Tenant improvement allowance available. Space delivered as "white box" with un-distributed HVAC.

Expand All Available Space

Suite: C 1,000 SF $25 PSF (Annual) NNN
Space Available: 1,000 SF
Max Contiguous: 1,920 SF
Lease Rate: $25 PSF (Annual)
$2,083 - 4,000 (Monthly)
Lease Type: NNN
Space Description: 1,920 sq. ft. available suite adjacent TRUE VALUE HARDWARE STORE may be subdivided into two spaces of +/- 1,000 sq. ft. each. One such space shall be street-front on the corner of the building. Second space shall be accessed along the flank of the building.
Space Subcategory: Free-Standing Store, Warehouse/Distribution
Date Available: 5/1/2019
Space Type: Relet
Parking Spaces 3
Operating Expenses $4 PSF (Annual)
CAM Expenses $4 PSF (Annual)
Rent Escalators Other
Rent Escalators Description 3% annually
Rent Concession to be determined
Tenant Improvements Allowance $8

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 52 - Peninsula Chas. outside of crosstown
Tax ID/APN: 4641400041
Zoning: OTHER
Retail Clientele: General, Other
Property Visibility: Fair
Feet of Frontage: 100
Site Description: Level lot with surface parking for 20+ cars.
Area Description: Upper Peninsula Charleston undergoing transformation with the advent of recent re-zoning. Apartments, offices, grocery stores, etc..; all happening now.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1966
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Block
Exterior Description: New store-front under construction to include metal awning(s) over entrances.
Total Parking Spaces: 21
Parking Ratio: 2 (per 1000 SF)
Parking Type: Surface
Parking Description: Patron parking available at front of building, along the side of building and in the back of building. Employee parking to be prescription (& may be "stacked")
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Package Unit
Interior Description: Space currently exposed metal studs; awaiting tenant specifications.
Zoning Description: Upper Peninsula zoning. Comprehensive plans for this property approved for a "retail" operator in available space. Review and approval of use subject to city and landlord approval(s).
Lot Frontage: 100
Lot Depth: 220
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,165 63,452 139,241
Median Age: 32.7 34.3 35.69
Households: 2,606 25,891 58,287

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