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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 Coffee Company is a multinational coffeehouse operator headquartered in Seattle, Washington. The company was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker, initially operating as a retailer of roasted coffee beans and equipment in Seattle’s Pike Place Market. Starbucks later expanded into a café-based model emphasizing handcrafted beverages and in-store customer experience, evolving into one of the most recognizable food and beverage brands worldwide. Starbucks operates through a mix of company-operated and licensed stores, selling coffee, tea, espresso-based beverages, and complementary food items.
| 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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