Exciting Redevelopment - Ten Mile on Rivers, 5841 Rivers Avenue
Office
for Lease
| Catylist Listing ID: |
30568641 |
| Property Subtypes: |
Office Building
|
| Contiguous Space: |
750 - 18,222 SF |
| Total Available: |
19,322 SF |
| Gross Building Area: |
12,000 SF |
| Lease Rate: |
$18 - 24 PSF (Annual)
|
| Base Monthly Rent: |
$1,925 - 36,444 |
| Lease Types: |
NNN |
| Building Name: |
Ten Mile on Rivers Avenue |
| Core Factor: |
17.50% |
| Last Updated: |
4/16/2021 |
Overview / Comments
The former Charlestowne Academy school site is being transformed. Situated on a lush, live oak-covered campus, Ten Mile on Rivers Avenue will be the place for next generation businesses.
"Ten Mile Hill" is a reference to the mileage marker from Broad Street. The 5-acre property is located in the center of the region with easy, quick access to I-26 and I-526.
The 1960’s school building will undergo a major renovation including an updated facade, new roof, interior enhancements, high ceilings with light filled spaces and full MEP replacement. A new 175-space parking lot will be built while preserving 27 grand oak trees offering up to a parking ratio of 4/1000 s.f.
The building will become a cool, iconic place to for various types of businesses, with excellent presence in the Rivers Avenue corridor. Floorpans offer a variety of highly flexible lease options from 200 RSF to 5,000 RSF, with opportunity to combine spaces into contiguous suites up to 12,000 s.f.
|
| Space Available: |
18,222 SF |
| Minimum Divisible: |
1,600 SF |
| Lease Rate: |
$18 - 24 PSF (Annual)
$27,333 - 36,444 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Available spaces include:
Executive Office Suites. 180 s.f. $750 per month. Full Service
Small Suites. Approx 400 s.f. $1,250 per month. Full Service
Medium Suites. Approx 750 to 1,100 s.f. $21 to $24 per s.f. NNN
Large Suites. Approx 1,600 to 4,300 s.f. $18 to $24 per s.f. NNN
$7.48/s.f. Estimated expenses include:
Utilities: electricity, water, sewer
Building and landscape repairs and maintenance
Property taxes
Building insurance
Common area janitorial services
Property management
Expenses will be reconciled annually based on actual expenses |
| Date Available: |
1/1/2021 |
| Space Type: |
New |
| Parking Spaces |
175 |
| Operating Expenses |
$7.53 PSF (Annual) |
| Space Available: |
1,100 SF |
| Minimum Divisible: |
750 SF |
| Lease Rate: |
$21 - 24 PSF (Annual)
$1,925 - 2,200 (Monthly)
|
| Lease Type: |
NNN |
| Space Description: |
Available spaces include:
Executive Office Suites. 180 s.f. $750 per month. Full Service
Small Suites. Approx 400 s.f. $1,250 per month. Full Service
Medium Suites. Approx 750 to 1,100 s.f. $21 to $24 per s.f. NNN
Large Suites. Approx 1,600 to 4,300 s.f. $18 to $24 per s.f. NNN
$7.48/s.f. Estimated expenses include:
Utilities: electricity, water, sewer
Building and landscape repairs and maintenance
Property taxes
Building insurance
Common area janitorial services
Property management
Expenses will be reconciled annually based on actual expenses |
| Date Available: |
1/1/2021 |
| Space Type: |
New |
| Operating Expenses |
$7.53 PSF (Annual) |
Additional Details
| Nearest MSA: |
Charleston-North Charleston |
| County: |
Charleston |
| Submarket/Township: |
32 - N.Chas./Summerville outside I-526 |
| Tax ID/APN: |
4720400192 |
| Zoning: |
B-2 (NORTH CHARLESTON) |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1960 |
| Year Renovated: |
2020 |
| Roof Type: |
Flat |
| Parking Ratio: |
4 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
175 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,325 |
54,841 |
127,680 |
| Median Age: |
32.87 |
32.56 |
32.93 |
| Households: |
3,818 |
20,832 |
48,765 |
|
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