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Ground Lease Opportunity on Camp/Folly Rd 890 Folly Rd 2,310 SF of Retail Space Available in Charleston, SC 29412
Highlights
- Ground Lease Opportunity
- Great Visibility
- Prime Retail Location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Ground Lease | 2,310 SF | Negotiable | $31.44 /SF/YR $2.62 /SF/MO $72,626 /YR $6,052 /MO | TBD |
1st Floor, Ste Ground Lease
Ground lease opportunity located on one of Charleston’s busiest thoroughfares (46,400 VPD - SCDOT).The ±.65 acre property is adjacent to the newly developed Chase Bank with shared ingress/egress access off of Camp Road and a Right In/Right Out on Folly Road.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Ground Lease Opportunity on Camp/Folly Rd
- Pizza Hut
Property Facts
| Total Space Available | 2,310 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 2,310 SF |
| Total Space Available | 2,310 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,310 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
About the Property
Pad Ready site for ground lease next to the lighted corner at Folly Rd and Camp Rd. where a future Chase Bank will be going. There will be access to Camp Rd from the property in addition to existing access from Folly Rd. This is a prime location with close to 45,000 VPD on Folly rd along with great visibility and access. Notable businesses nearby are Chick Fil A, Starbucks, Zaxbys, Walgreens and Taco Bell.
Nearby Major Retailers
Contact the Leasing Agent
Ground Lease Opportunity on Camp/Folly Rd | 890 Folly Rd