MLS# 29969891 | 1509 N Hwy 17 Mount Pleasant SC | subdivision

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$4,721,785 | N/A beds | N/A full baths | N/A half baths | 6,500 sqft

$4,721,785
1509 N Hwy 17
Mount Pleasant, SC 29464
  • $726.43Price per SqFt
  • 6,500SqFt
  • 423Days on Market
  • N/AZoning
  • 2016Year Built
  • RetailUse
  • MLS# 29969891
  • Commercial Sales
  • Retail
  • Sold

  • Approx Time on MarketN/A
  • AreaMt. Pleasant South of Iop Connector
  • CountyCharleston
  • SubdivisionN/A

Overview

Chipotle and Mattress Firm development currently under construction in the center of Mount Pleasant. The 6,500 square-foot facility fronts Hwy 17 N in Mount Pleasant on a large parcel, sitting in between Wells Faro and a recently renovated Sunoco convenience store. It is an outparcel to Wando Crossing, a retail center which includes Super Wal-Mart, Petco, Michael's, Marshall's, TJ Maxx, Office Depot and many others.Both leases have ten (10) years of base term with multiple options. The leases each escalate 10% every 5th year during the base and all options. Landlord maintains roof, structure and parking lot, all other expenses handled through CAM.Mount Pleasant is home to the highest income, education and housing demographics in the greater Charleston market. In addition to the adjacent retail in the center, other tenants within a mile include Advanced Auto, Auto Zone, Walgreens, CVS, Lowe's, Belk's, Dick's Sporting Goods, Nordstrom Rack, O'Reilly's, PF Chang's, as well as many others . There is a good barrier to entry along the commercial corridor, with traffic centers and curb-cuts confined to several key intersections and major developments.


Sale Info

Listing Date: 01-30-2023

Sold Date: 12-20-2016

Listing Sold: 
   7 Year(s), 3 month(s), 8 day(s) ago

Asking Price: $4,721,785

Selling Price: $4,721,785

Price Difference: 
Same as list price

Building Info

Anchored:  No

Year Built:  2016

Financial

Asking Price Type:  Fixed Price

Garage / Parking

Lot Info

County:  Charleston

Land Size:  0.00

Misc

Title:  New Mattress Firm Chipotle

Offer Compensation

Property Info

Second Property Subtype:  Retail

Nearest Msa:  Charleston-North Charleston, SC

Sale Terms:  Undisclosed

Property Type:  A

Original Price:  $4,721,785

Build To Suit:  No

Property Use Type:  Retail, Retail - Pad

Class Type:  Retail

Sold Info

Sold Date:  2016-12-20T00:00:00

Sqft Info

Rentable Area:  6500

Unit Info

Utilities / Hvac

Courtesy of listing office Oswald Cooke and Associates 

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On marshallwalker.com since Mon, Jan 30th 2023
No Property History recorded for this listing.
Residential, Land, Other Disclaimer:

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 03-28-2024 2:05 PM EST . The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Charleston Trident Multiple Listing Service, Inc. All rights reserved.
Commercial Sale/Lease: Copyright 2024 South Carolina commercial MLS, Inc. All rights reserved. Last updated on 03-28-2024 2:05 PM EST est.

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