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89 Cannon st
2,303 SF of Retail Space Available in Charleston, SC 29403
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,303 SF | 13’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Charleston Commercial is please to present for lease The Charlee at 89 Cannon Street. The Charlee offers a unique opportunity to lease 2,303 square feet, plus additional sidewalk dining, in the highly desirable Short Term Rental Overlay district. This First Gen restaurant space will feature over 100 linear feet of storefront along Cannon Street, and will boast 11 foot tall glass storefront windows and doors. The space will have the ability to seat over 90 diners, with 13’ ceiling heights, handsomely detailed windows and façade, and recessed corner entrance. The inclusion of sidewalk dining is a rarity on the Charleston peninsula. The space is slated for Q4 2024 delivery which allows for an operator to get involved early with specific design and planning. The shell delivery will include MEP infrastructure, sprinkler system, 2,000 gallon grease trap, (2) vertical chases for hood, concrete slab with leave-out for plumbing. Tenant Improvement Allowance available for approved Tenants and terms. Additionally, the development includes 8 new short term rental units that will host up to 70 visitors per night – a captive audience that an operator can tie into, and offer synergies to. Further, this Short Term Overlay on Cannon & Spring plays host to over 1,000 vacation rental units within a few blocks of the site, and has become the new foodie neighborhood of the peninsula with James Beard and Michelin restauranteurs & chefs. The site is also centrally located and a 7 minute walk to King Street.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Finished Ceilings: 13’
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.
PROPERTY FACTS FOR 89 Cannon st , Charleston, SC 29403
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Restaurant | Construction Status | Under Construction |
| Gross Leasable Area | 2,303 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,303 SF |
| Year Built | 2024 |
| Construction Status | Under Construction |
About the Property
The space is slated for Q4 2024 delivery which allows for an operator to get involved early with specific design and planning. The shell delivery will include MEP infrastructure, sprinkler system, 2,000 gallon grease trap, (2) vertical chases for hood, concrete slab with leave-out for plumbing. Tenant Improvement Allowance available for approved Tenants and terms.
Nearby Major Retailers
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Joshua Schaap -
Jack Crenca -
Nick Maylander -
KW Commercial
Presented by
89 Cannon st
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