1000 Floyd Dr - Retail FOR SALE


Charleston, SC 29414- West Ashley
$4,875,000 USD
843-343-1351
1000 Floyd Dr, Charleston, SC for Sale
$4,875,000 USD
Retail - FOR SALE
1/9
null | 4% Cap Rate

1000 Floyd Dr
Charleston, SC 29414
West Ashley


HIGHLIGHTS

  • Chick-Fil-A Ground Lease
  • 15-Year Absolute NNN
  • (10) 5-Year Renewal Options
  • 10% Bumps Every 5 Years

OVERVIEW

Oswald Cooke & Associates is pleased to present the opportunity to acquire 100 Floyd Drive in Charleston, SC. This premier retail asset is secured by a 15-year absolute NNN corporate ground lease with Chick-fil-A, one of the nation’s most successful quick-service restaurant chains. Currently under construction, the property’s lease commences on August 24, 2025. The lease includes ten (10) five-year renewal options, with rent increasing by 10% every five years throughout both the initial term and all renewal periods. Situated on a 2.37-acre outparcel of Walmart, the site boasts a prime corner location at the intersection of Floyd Drive, West Ashley Circle, and Bees Ferry Road—an area characterized by high traffic volumes, exceptional visibility, and convenient access. Infrastructure improvements, including recent widening projects along Glenn McConnell Parkway, have enhanced connectivity and alleviated congestion in the surrounding area. The property is nestled within a rapidly growing corridor, surrounded by numerous existing and planned residential communities, as well as a wave of new and proposed commercial developments. These include both national and local retailers, along with office space expansions. Notable neighboring businesses include Starbucks, Harris Teeter, Tropical Smoothie Café, Lowes Foods, Lowe’s, Home Depot, McDonald's, Jersey Mike’s, Great Clips, and many others, underscoring the site’s strong consumer draw and long-term investment appeal.

FOR SALE DETAILS

PRICE

$4,875,000 USD

PRICE/SF

$488 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-Fil-A

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

Commercial

APN/PARCEL ID

301-00-00-805

ASK ABOUT THIS PROPERTY

Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

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Benjy CookeOswald Cooke and AssociatesMore Info
843-343-1351

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.