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
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
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 478-07-00-009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $312,000 |
