Exciting Redevelopment - Ten Mile on Rivers, 5841 Rivers Avenue

Office for Lease
Catylist Listing ID: 30568641
Property Subtypes: Office Building
Contiguous Space: 200 - 4,692 SF
Gross Building Area: 22,222 SF
Lease Rate: $22 - 24 PSF (Annual)
Base Monthly Rent: $8,602 - 9,384
Lease Types: NNN
Building Name: Ten Mile on Rivers Avenue
Core Factor: 17.50%
Last Updated: 5/10/2022

Overview / Comments

The former Charlestowne Academy school site is transformed. Situated on a lush, live oak-covered campus, Ten Mile on Rivers Avenue is 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 has undergone 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 has been built while preserving 27 grand oak trees offering up to a parking ratio of 4/1000 s.f.

The building is 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 2,785 RSF.

Expand All Available Space

Suite: Various Suites Available - 200 s.f. up to 2,785 s.f. 4,692 SF $22 - 24 PSF (Annual) NNN
Space Available: 4,692 SF
Minimum Divisible: 200 SF
Lease Rate: $22 - 24 PSF (Annual)
$8,602 - 9,384 (Monthly)
Lease Type: NNN
Space Description: Available spaces include:
Executive Office Suites. 200 s.f. +/- $800 per month. Full Service.
Small Suites. Approx 327 s.f. $1,150 per month. Full Service.
Medium Suites. Approx 1,180 s.f. $22 per s.f. NNN.
Large Suites. Approx 2,785 s.f. $24 per s.f. NNN.

$8.61/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 $8.61 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

View FullscreenMap

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
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.