7381 Rivers Avenue, North Charleston, SC 29406
$5,000,000
Property Type:
Commercial Sale
Square Footage:
6,950
Status:
Active
Current Price:
$5,000,000
List Date:
3/24/2025
Last Modified:
6/17/2025
Description
Oswald Cooke & Associates is pleased to present a two tenant retail center located at 7381 Rivers Avenue, North Charleston, SC. The spaces are leased to Starbucks and Sleep Number. Both Tenants base terms expire in 2029 with (4) 5-year renewal options. Rivers Avenue boasts a traffic count of 57,600 VPD and is home to many National Retailers including: Target, Walmart, Best Buy, Walgreens, Northwoods Mall and more. Charleston has been named the No. 1 Tourist Destination in America by Conde Nast multiple times. In 2022 it was estimated that 7.68 million visitors came to the Greater Charleston area which is more than pre-pandemic records. The economic impact in 2022 from tourists alone was $12.8 billion. Investment has been particularly strong in the Charleston Market in recent years, averaging more than $300 million a year since 2014.
More Information MLS# 31005834
Location
Street Number: 7381
Street Name: Rivers
Street Suffix: Avenue
County: Charleston
Nearest MSA: Charleston-North Charleston, SC
Submarket/Township: 32 - N.Charleston, Summerville, Ladson, Outside I-526
State or Province: SC
Postal Code: 29406
Parcel Number: 4780300121
Opportunity Zone: No
General Information
Status: Active
Property Sub Type: Retail
Secondary Sub-Type: Shopping Center
Tertiary Sub-Type: Retail
Listing Name: Starbucks/Sleep Number Rivers Avenue
Is Condo?: No
Property Condition: Existing
Building Area Total: 6950
Lot Acres: 0.79
Zoning: City of North Charleston - B-2 - General Business District
Property Visibility: Excellent
Anchored?: No
List Price/Acre: 6329113.92
List Price/SqFt: 719.42
Opt In to Crexi?: Yes
Contract Information
Listing Contract Date: 2025-03-24
List Price: $5,000,000
Original List Price: 5163669
Current Price: $5,000,000
Building Related
Stories Total: 1
Year Built: 2013
Land Related
Part of Planned Development?: No
In Flood Plain?: No
Status Change Info
Status Change Date: 2025-03-24
Auction Details
Auction: No
Property Features
Property Sub Type: Retail; Shopping Center
Current Use: Commercial; Investment; Neighborhood Center; Restaurant; Strip Center
Existing Lease Type: NNN
Documents
Brochure ›Listing Office: Oswald Cooke and Associates
Last Updated: June - 17 - 2025
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