Fully Leased Building on Market Street

Retail-Commercial for Sale
Catylist Listing ID: 30151501
Property Subtypes: Street Retail
Building Size (RSF): 4,233 SF
Gross Building Area: 4,833 SF
Sale Price: $3,500,000
Unit Price: $826.84 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: 82-84 North Market Street
Sale Terms: Cash to Seller
Cap Rate: 5.36%
Average Occupancy Rate: 100
Last Updated: 2/21/2018

Overview / Comments

Rare opportunity to purchase a fully leased property with an excellent rental history in the most vibrant stretch of the City Market. Marketing brochure attached. Lease information and property financials available upon receipt of signed Confidentiality Agreement.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 458-05-03-054
Zoning: GB - General Business
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Meeting Street and East Bay Street
Property Visibility: Excellent
Largest Nearby Street: Meeting Street
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1978
Year Renovated: 1978
Parking Description: None
Sprinklers: None
Interior Description: Five units of varying retailers.
Zoning Description: GB

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,645 58,454 133,005
Median Age: 28.91 34.35 36.7
Households: 6,730 24,376 56,527

Contact

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