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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 | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
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| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| 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 as a miniature picture frame business in Oklahoma and grew into a national arts-and-crafts retailer. The company sells project, party, and home supplies, with merchandise that includes crafts, floral items, fabric, home decor, seasonal goods, and related materials. Hobby Lobby operates a wide network of stores across the United States and supports online shopping for its product categories. The business reflects Christian values through seasonal advertising and company communications.
| 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
