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Hampden Clothing 312 King St 5,588 SF Retail Building Charleston, SC 29401 $6,239,809 ($1,116.64/SF) 5.25% Cap Rate
Investment Highlights
- King Street - Charleston Fashion District
- 10-Year NNN Sale Leaseback
- "Top 10 Shopping Streets" U.S. News
Executive Summary
Oswald Cooke & Associates is pleased to present to the market a sale leaseback of one of Charleston’s premier boutiques located in the heart of the peninsula’s fashion district. Originally founded and opened in 2007, Hampden has been an innovator and pillar in the resurgence of high-quality retail in the city’s oldest shopping sector, offering a unique variety of clothing, shoes, handbags and accessories. The founder travels the world consistently to Fashion Weeks in all corners of the globe in search of the season’s hottest designers and their newest inventory to rotate into her brand mix each season. Attractions of American list King Street of Charleston in the Top Ten nationally as best shopping destinations, along with Fifth Avenue in New York, Madison Avenue in Chicago and Rodeo Drive in Los Angeles. Hampden has been featured in Variety Fair, Vogue, Harper’s Bazaar and Elle, among others, and is a respected resource for high end fashion for shoppers, designers and private clientele from all across the globe.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,588 SF
Building Class
B
Year Built
1880
Price
$6,239,809
Price Per SF
$1,116.64
Cap Rate
5.25%
NOI
$327,590
Tenancy
Single
Building Height
3 Stories
Building FAR
1.60
Lot Size
0.08 AC
Frontage
24’ on King St
Amenities
- Bus Line
- Signage
Walk Score®
Walker's Paradise (99)
Bike Score®
Very Bikeable (76)
Nearby Major Retailers
Property Taxes
| Parcel Number | 457-04-04-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $195,000 |
Property Taxes
Parcel Number
457-04-04-014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$195,000
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Hampden Clothing | 312 King St
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