713 Coleman Blvd. Freestanding Restaurant and Bar

Retail-Commercial for Lease
Catylist Listing ID: 30449853
Property Subtypes: Free-Standing Building, Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 3,200 SF
Gross Building Area: See Agent
Lease Rate: $25 PSF (Annual)
Base Monthly Rent: $6,666
Lease Types: Absolute NNN
Last Updated: 8/19/2019

Overview / Comments

Freestanding Restaurant and Bar at 713 Coleman Blvd: Roughly 3200 square feet plus large covered patio and deck of 1500+ square feet. Fully renovated dining, bar area and patio. 32+ designated parking spots plus street parking. Located in the heart of Coleman dining scene, a short walk or bike for adjacent apartments and neighborhoods. Below market long term lease in place and plenty of infrastructure to support many different formats.

Current lease term expires 7/31/23. Lease has two additional 5-year options to renew with 3% annual escalations. Tenant is asking $350,000 for FF&E, infrastructure and lease assignment.

Expand All Available Space

Suite: A 3,200 SF $25 PSF (Annual) Absolute NNN
Space Available: 3,200 SF
Lease Rate: $25 PSF (Annual)
$6,666 (Monthly)
Lease Type: Absolute NNN
Date Available: 6/25/2019
Space Type: Sublet

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 42 - Mt.Pleasant South of IOP Connector
Tax ID/APN: 5320200033
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1976
Year Renovated: 2018
Construction/Siding: Block
Total Parking Spaces: 32
Parking Type: Surface
Heat Type: Propane
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,911 38,353 95,264
Median Age: 41.28 41.33 37.67
Households: 4,420 17,022 40,519

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