MLS# 29969891 | 1509 N Hwy 17 Mount Pleasant SC | subdivision
843-225-7007
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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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