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7225 Rivers Ave
Charleston, SC 29406
Raising Cane's · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long-Term Absolute Net (NNN) Lease -The lease currently has 13.5 years remaining & features four (4), five-year options.
  • Adjacent to Target Anchored Retail Center - The subject property is across the street from North Rivers Town Center.
  • Recent Corporate Takeover Shows Long-Term Commitment - The building was originally developed on behalf of a Raising Canes franchisee.
  • Corporate Guarantee - Raising Cane’s is one of the fastest growing quick service restaurant chains in the US with annual revenue of $1.5B.
  • Excellent Site-Level Visibility - The subject property has frontage along US-52, which has daily traffic counts exceeding 49,000 vehicles per day.
  • Strategically Located in Dominant Retail Corridor - The subject property is located on a hard, signalized corner along a dense retail corridor.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,500 SF
Building Class
C
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.40 AC
Zoning
B-2 - General Business District
Parking
20 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
62’ on Morris Baker Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
478-07-00-009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$312,000
  • Listing ID: 22066454

  • Date on Market: 1/25/2021

  • Last Updated:

  • Address: 7225 Rivers Ave, Charleston, SC 29406

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