2080 Sam Rittenberg Blvd
Charleston, SC 29407
Red Lobster · Retail Property For Sale

This Red Lobster investment property is situated on Sam Rittenberg Boulevard, which boasts an average daily traffic count exceeding 24,300 vehicles. Sam Rittenberg Boulevard intersects and merges with Interstate-526, as well as Savannah Highway (U.S. Route 17), which bring an additional 80,000 and 46,000 vehicles into the immediate surrounding area each day, respectively. There are more than 53,500 individuals residing within a three-mile radius of the subject property and more than 123,500 individuals within a five-mile radius. Average household income for homes within five miles of the subject property exceeds $75,000. The subject property is strategically situated in a highly dense retail corridor that consists of numerous regional and national tenants, shopping centers and hospitality accommodations, all within close proximity of this site. Major national tenants in the immediate area include: Target, Dillard’s, Dick’s Sporting Goods, Cost Plus World Market, Belk, Walgreens, Office Depot, Best Buy, McDonald’s, Chick-fil-A, Panera Bread, Ross, TJ Maxx, Taco Bell, Zaxby’s, Dunkin’ Donuts, in addition to many others. This Red Lobster benefits from being an outparcel to Citadel Mall, a regional shopping mall consisting of more than 1,138,500 square feet and over 100 stores. The subject Red Lobster additionally benefits from being located within close proximity of various hospitality accommodations. Among them are: Comfort Suites West, Hampton Inn & Suites, Holiday Inn, Hotel Bennett, WoodSpring Suites, Town & Country Inn and Suites, TownPlace Suites, and more. The Bon Secours Saint Francis Hospital, a 189-bed, state of the art medical facility, is located approximately two miles from the subject property. Many businesses have located and invested hundreds of millions of dollars in Charleston's economy in recent years. Industrial hubs continue to provide high-paying jobs in the area. With the arrival of Boeing Aircraft, the city has gained international importance and stature as one of only three places in the world for the manufacture and assembly of wide-body long range commercial aircraft. Other notable firms within Charleston include Verizon, Cummins, Daimler AG, Hess Corporation, and InterContinental Hotels Group. Joint Base Charleston, encompassing over 20,877 acres and supporting 67 Military Commands and Federal Agencies, provides service to over 90,000 Airmen, Sailors, Soldiers, Marines, Coast Guardsmen, DOD civilians, dependents, and retirees. Because of the influx of investments in Charleston, the city continues to expand its inventory of 4-star hotel accommodations. Today the Port of Charleston boasts the deepest water of any port in the southeast region. With beaches, history, amazing sights, great food and friendly people, Charleston is a consistent hit with tourists who venture to this gracious and beautiful city.