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Off Market
1/7

7800 Rivers Ave
North Charleston, SC 29406


HIGHLIGHTS

  • 100% Occupied | Corporate Guaranteed Leases | Scheduled Rental Increases Strengthen Returns
  • Major Thoroughfares | Excellent Visibility & Access | Northwoods Mall (773,000 SF) | Dense Retail Corridor
  • Charleston International Airport | Joint Base Charleston
  • Healthy 1-Mile AAHI

OVERVIEW

Promenade at Northwoods is located along Rivers Avenue, a major north/south retail thoroughfare traveling throughout North Charleston, averaging 36,000 vehicles passing by daily. Hobby Lobby serves as an anchor within a larger shopping center, with other notable tenants including Gander Mountain Outdoors, Party City, Ollie’s Bargain Outlet, Moe’s Southwest Grill, and more. Strong tenant synergy promotes crossover shopping within the center. Directly across Rivers Avenue is the Northwoods Mall, a super regional mall with more than 130 stores spanning 773,000 SF across approximately 85 acres of land, further increasing consumer draw to the immediate trade area. Moreover, the site is positioned within close proximity to the Charleston International Airport, most recently reporting 44.7M passengers in 2018. Joint Base Charleston is also nearby, which services approximately 90,000 active-duty, reserve civilian personnel, family members and retirees, providing a direct consumer base to draw from. The subject trade area is supported by nearly 144,000 residents and more than 57,000 employees. Residents within 1 mile boast a healthy average household income of $76,000.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Hobby Lobby and Boot Barn

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

65000

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

212

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

484-00-00-112