King Street Portfolio
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King Street Portfolio
3 Retail Properties in Charleston, SC
Investment Highlights
- Stabilized Trophy Assets on King Street
- World Class Urban Corridor
- High Credit Retail
- High Barrier to entry and impossible to duplicate
Executive Summary
Price Reduced - Inquire to learn more. Charleston Commercial, on behalf of ownership, is pleased to exclusively offer the King Street Retail portfolio to qualified Buyers. The offering includes three separate properties / parcels, referred to as 153 King Street, 263 King Street, and 279 King Street. The properties sit within the heart of the retail corridor of King Street, one of the most desirable urban corridors in the Southeast. The offering boasts high credit retail tenants including Lululemon, Buck Mason, and Lake Weekend.
All of the retail tenants feature triple net leases with annual increases. 153 King Street and 279 King Street are STNL offerings. 263 King Street features ground floor retail and includes two office tenants, which are also on long term leases.
All tenants have either recently signed new leases or exercised lease extensions providing investors with substantial base term.
Located along the heart of King Street, amongst luxury retail, hotels, and world class restaurants, the portfolio features credit retailers co-existing in one-of-a-kind historic properties. This highly sought after corridor creates high barriers to entry, and near impossible to replicate.
All of the retail tenants feature triple net leases with annual increases. 153 King Street and 279 King Street are STNL offerings. 263 King Street features ground floor retail and includes two office tenants, which are also on long term leases.
All tenants have either recently signed new leases or exercised lease extensions providing investors with substantial base term.
Located along the heart of King Street, amongst luxury retail, hotels, and world class restaurants, the portfolio features credit retailers co-existing in one-of-a-kind historic properties. This highly sought after corridor creates high barriers to entry, and near impossible to replicate.
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Property Facts
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 15,669 SF |
| Status | Active | Total Land Area | 0.21 AC |
| Number of Properties | 3 |
| Sale Conditions | 1031 Exchange |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 15,669 SF |
| Total Land Area | 0.21 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 263 King St, Charleston, SC 29401 | Retail | 8,321 SF | 1900 | - |
| 153 King St, Charleston, SC 29401 | Retail | 4,400 SF | - | - |
|
Lululemon
279 King St, Charleston, SC 29401 |
Retail | 2,948 SF | 1985 | - |
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