2029 Wambaw Creek Rd | Charleston, SC 29492
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- LoopNet Team
2029 Wambaw Creek Rd
Charleston, SC 29492
Elevate Youth Development of Charleston · Retail Property For Sale
Investment Highlights
- Rare opportunity to acquire the 16,000 SF Gymnastics Academy of Charleston operating under a brand-new 15-year, Triple Net (NNN) Lease
- Home to the well-regarded Gymnastics Academy of Charleston, a trusted name in youth athletics for nearly 20 years with a track record of excellence
- Offered at just $212 per SF — significantly below replacement cost and market comps for similar Triple Net (NNN) Lease investments
- Located in a high-income area with over 41,000 residents within a 5-mile radius, earning an average household income exceeding $141,000
- Built in 2017, the facility is in excellent condition and purpose-built for youth development; Elevate Youth Development occupies 100% of the building
- Clements Ferry facility is the premier gymnastics and tumbling facility in the Low Country. The gym is a 16,000 SF air-conditioned facility
Property Facts
Property Type
Retail
Property Subtype
Building Size
16,000 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.38 AC
Zoning
R-4 - Retail
Parking
40 Spaces (8 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 271-04-03-006 | Improvements Assessment | $1,558,647 |
| Land Assessment | $557,353 | Total Assessment | $2,116,000 |
Property Taxes
Parcel Number
271-04-03-006
Land Assessment
$557,353
Improvements Assessment
$1,558,647
Total Assessment
$2,116,000
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