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Starbucks & Sleep Number- Rivers Ave 7381 Rivers Ave 6,950 SF 100% Leased Retail Building North Charleston, SC 29406 $5,000,000 ($719.42/SF) 6.34% Cap Rate



Investment Highlights
- Rivers Avenue Corridor (57,600 VPD)
- NOI has annual increases
- Corporate Leases
- Starbucks and Sleep Number
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
At Sleep Number®, their purpose is to improve the health and wellbeing of society. They are committed to advancing sleep health; linking smart sleep to individualized wellness through innovation that is informed by data and scientific expertise. Sleep Number is a wellness technology company. They are guided by their purpose to improve the health and wellbeing of society through higher quality sleep; to date, their innovations have improved lives. Their wellness technology platform helps solve sleep problems, whether it’s providing individualized temperature control for each sleeper through their Climate360 smart bed or applying their hours of longitudinal sleep data and expertise to research with global institutions. Their smart bed ecosystem drives best-in-class engagement through dynamic, adjustable, and effortless sleep with personalized digital sleep and health insights; their millions of Smart Sleepers are loyal brand advocates.
Starbucks Corporation began in 1971 as a coffee bean retailer in Seattle's Pike Place Market. The company transformed into a coffeehouse under Howard Schultz's leadership in the 1980s. Starbucks expanded internationally in the 1990s, establishing a worldwide presence with company-operated stores and licensed locations. The business serves coffee beverages, teas, and various food items while operating through multiple segments including retail operations and product licensing. Starbucks maintains a significant global footprint in the coffee retail industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | - | |
|
Accommodation and Food Services | - | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 478-03-00-121 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $255,290 |
Property Taxes
Presented by
Starbucks & Sleep Number- Rivers Ave | 7381 Rivers Ave
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