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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) 6.25% 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 is a multinational coffeehouse chain founded in 1971 in Seattle, Washington. Initially a retailer of coffee beans and equipment, the company expanded under Howard Schultz’s leadership in the late 1980s to become a global coffeehouse brand. Starbucks operates thousands of stores worldwide, including over 3,000 in California, offering coffee, tea, and food products alongside branded merchandise. The company emphasizes ethical sourcing and sustainability in its operations. Starbucks is publicly traded on NASDAQ under the ticker symbol SBUX and reported employing approximately 381,000 people globally in 2025. Its growth strategy includes licensed stores, digital ordering platforms, and specialty formats such as Starbucks Reserve® Roasteries.
| 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
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Starbucks & Sleep Number- Rivers Ave | 7381 Rivers Ave
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