Your email has been sent.
The Village Exchange 32 Palmetto Bay Rd 4,240 SF of Retail Space Available in Hilton Head Island, SC 29928
HIGHLIGHTS
- Extraordinary Visibility
- Frontage on Major Artery
- Ample Parking
- Recently Reconstructed
- Dedicated Monument
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 32A & 32B | 4,240 SF | 5 Years | $26.00 /SF/YR $2.17 /SF/MO $110,240 /YR $9,187 /MO | Triple Net (NNN) |
32 Palmetto Bay Rd - 1st Floor - Ste 32A & 32B
One of the island’s most prominent retail spaces is now available for lease. This 4,240 SF retail building offers exceptional visibility to the high-traffic on Palmetto Bay Road. Recently reconstructed, the property features a spacious, open retail floor plan surrounded by expansive windows, with exposed ceilings, and polished concrete floors. Additional highlights include a glass roll-up door opening to a patio, multiple private offices, a breakroom, two restrooms, storage and janitorial closets, and substantial usable attic storage and dedicated monument signage. Located on the vibrant south end of Hilton Head Island near the Sea Pines traffic circle, this property sits at the entrance to Village Exchange, a boutique shopping center adjacent to the popular Smokehouse Restaurant. Numerous shopping and dining options on site and within walking distance of the property. 2025 demographic data shows approx. 28,000 residents within a five-mile radius, with average household incomes exceeding $157,000 . This prime location is ideal for attracting local clientele while also benefiting from the steady flow of more than 3.1 million annual visitors who stay, play, and shop on the south end of the island. Convenient access to both William Hilton Parkway and the Cross Island Parkway ensures excellent connectivity throughout Hilton Head Island and to Bluffton.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Plug & Play
- Extraordinary Visibility
- Recently Reconstructed
- Frontage on Major Artery
- Great South End Location
- Dedicated Monument
- Ample Parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT THE VILLAGE EXCHANGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- A Lowcountry Backyard Restaurant
- Restaurant
- 1
- -
- Daina Wasserstrom and associates
- -
- 1
- -
- Delisheeeyo
- Restaurant
- 1
- -
- Mobile Pet Vet
- Health Care
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| A Lowcountry Backyard Restaurant | Restaurant | 1 | - |
| Daina Wasserstrom and associates | - | 1 | - |
| Delisheeeyo | Restaurant | 1 | - |
| Mobile Pet Vet | Health Care | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,240 SF | Frontage | 138’ on Palmetto Bay Rd |
| Center Type | Strip Center | Gross Leasable Area | 17,331 SF |
| Parking | 89 Spaces | Total Land Area | 2.33 AC |
| Center Properties | 4 | Year Built | 1976 |
| Total Space Available | 4,240 SF |
| Center Type | Strip Center |
| Parking | 89 Spaces |
| Center Properties | 4 |
| Frontage | 138’ on Palmetto Bay Rd |
| Gross Leasable Area | 17,331 SF |
| Total Land Area | 2.33 AC |
| Year Built | 1976 |
ABOUT THE PROPERTY
One of the island’s most prominent retail spaces is now available for lease. This 4,240 SF retail building offers exceptional visibility to the high-traffic on Palmetto Bay Road. Recently reconstructed, the property features a spacious, open retail floor plan surrounded by expansive windows, with exposed ceilings, and polished concrete floors. Additional highlights include a glass roll-up door opening to a patio, multiple private offices, a breakroom, two restrooms, storage and janitorial closets, and substantial usable attic storage and dedicated monument signage. Located on the vibrant south end of Hilton Head Island near the Sea Pines traffic circle, this property sits at the entrance to Village Exchange, a boutique shopping center adjacent to the popular Smokehouse Restaurant. Numerous shopping and dining options on site and within walking distance of the property. 2025 demographic data shows approx. 28,000 residents within a five-mile radius, with average household incomes exceeding $157,000 . This prime location is ideal for attracting local clientele while also benefiting from the steady flow of more than 3.1 million annual visitors who stay, play, and shop on the south end of the island. Convenient access to both William Hilton Parkway and the Cross Island Parkway ensures excellent connectivity throughout Hilton Head Island and to Bluffton.
- Pylon Sign
NEARBY MAJOR RETAILERS
Presented by
The Village Exchange | 32 Palmetto Bay Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.