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Hobby Lobby & Boot Barn 7800 Rivers Ave 65,000 SF 100% Leased Retail Building North Charleston, SC 29406 $9,960,000 ($153.23/SF) 6.50% Cap Rate
Investment Highlights
- 100% Leased, Two-Tenant NNN Retail Center With Full Recovery of Taxes, Insurance, and CAM Expenses
- Hobby Lobby Anchors the Property With 84.6% of GLA and a Recent 10-Year Lease Extension Through February 2036
- Immediate Proximity to I-26 Entrance and Exit Ramps With Traffic Volumes Exceeding 108,000 Vehicles Per Day
- Long-Term Lease Structure With a 9.25-Year Weighted Average Lease Term Providing Durable Cash Flow
- High-Exposure Location Along Rivers Avenue With Traffic Counts of Approximately 69,800 Vehicles Per Day
- Redeveloped and Fully Renovated in 2016 With High- Image Facades and a TPO Roof Backed by a Firestone 20-Year Warranty (Appx 10 Years Remaining)
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
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| Gross Rental Income |
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| Other Income |
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| Vacancy Loss |
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| Effective Gross Income |
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| Net Operating Income |
$99,999
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$9.99
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Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
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| Annual | - |
| Annual Per SF | - |
| Other Income | |
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| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
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| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Freeway Visibility
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Retailer
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99,999 SF
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Lorem Ipsum
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Jan 0000
Boot Barn began in 1978 as a Western wear retailer and has grown into an omnichannel business focused on western and work-related footwear, apparel, and accessories. The company offers cowboy boots, work boots, jeans, shirts, hats, belts, jewelry, and related gear. Boot Barn's retail presence is paired with e-commerce operations that include Boot Barn, Sheplers, and Country Outfitter, and the shopping experience includes store-based fulfillment and in-store returns and exchanges.
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- Retailer
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99,999 SF
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Lorem Ipsum
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Jan 0000
Hobby Lobby began when founders David and Barbara Green started making miniature picture frames from their home. What started as a small family venture soon grew into a thriving arts-and-crafts retailer. Today, Hobby Lobby is recognized as one of the largest privately owned companies in its industry, operating stores across the United States. The company offers an extensive selection of products, including home décor, seasonal items, tableware, floral arrangements, art and craft supplies, yarn, fabric, jewelry-making materials, and more. Hobby Lobby remains committed to providing quality products and fostering creativity for customers everywhere.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
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Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 484-00-00-112 | Improvements Assessment | $0 (2024) |
| Land Assessment | $0 (2024) | Total Assessment | $420,000 (2024) |
Property Taxes
