Retail Space
1859 Sam Rittenberg Boulevard Charleston, SC 29407
Details & Description
Price: $2,450,000
    A single tenant net lease restaurant is available in Charleston, South Carolina. The tenant is operating on an absolute NNN lease with no landlord responsibilities. The subject property is leased to a La Hacienda Mexican restaurant and is on a highly trafficked retail corridor (24,200 +/- ADT). The location of the property benefits from many national retailers in the area and new development plans in progress. The property is just one-mile from the soon-to-be- redeveloped Citadel Mall (renamed the Epic Center) which will house more than +/- 1,100,000 square feet of retail and entertainment venues.La Hacienda has approximately 7 years remaining on its base term and is subject to (1) – five year option with 10% increases every five years. 
    Listing Agents
    Markus Kastenholz

    O: 843-725-3427
    M: 843-813-1187
    Markus.Kastenholz@colliers.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1859 Sam Rittenberg Boulevard

    Charleston, SC 29407

    Listing ID: 199396
    • 1859 Sam Rittenberg Boulevard Charleston, SC 29407 | for Sale | Photo 1
    • 1859 Sam Rittenberg Boulevard Charleston, SC 29407 | for Sale | Photo 2
    1859 Sam Rittenberg Boulevard | for Sale | Thumbnail 1
    1859 Sam Rittenberg Boulevard | for Sale | Thumbnail 2
    Building Size: 3,682 SF
    Lot Size: 0.980 AC
    Land Size: 42,688 SF
    Building $/SF: $665.40
    Land $/SF: $57.39
    Price
    $2,450,000
    Description

    A single tenant net lease restaurant is available in Charleston, South Carolina. The tenant is operating on an absolute NNN lease with no landlord responsibilities. The subject property is leased to a La Hacienda Mexican restaurant and is on a highly trafficked retail corridor (24,200 +/- ADT). The location of the property benefits from many national retailers in the area and new development plans in progress. The property is just one-mile from the soon-to-be- redeveloped Citadel Mall (renamed the Epic Center) which will house more than +/- 1,100,000 square feet of retail and entertainment venues.

    La Hacienda has approximately 7 years remaining on its base term and is subject to (1) – five year option with 10% increases every five years. 

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Charleston History of Retail Space for Sale

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    Charleston Area Market Trends

    Listing Demographics for 1859 Sam Rittenberg Boulevard Charleston, SC 29407

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population10,54359,326146,584
    Population Median Age384038
    Population by Age0-9 Yrs1255 (11%)6404 (10%)15609 (10%)
    10-19 Yrs913 (8%)4683 (7%)13771 (9%)
    20-29 Yrs1960 (18%)9701 (16%)28301 (19%)
    30-39 Yrs2080 (19%)12189 (20%)26466 (18%)
    40-49 Yrs963 (9%)5841 (9%)14352 (9%)
    50-59 Yrs1170 (11%)7188 (12%)17703 (12%)
    60-69 Yrs1113 (10%)6678 (11%)15945 (10%)
    70+ Yrs1089 (10%)6642 (11%)14437 (9%)
    Median HH Income$43,504$60,104$57,704
    Total Household Income< 24K1499 (30%)4715 (18%)13462 (23%)
    25-49K1223 (25%)5813 (23%)11985 (20%)
    50-74K1005 (20%)4912 (19%)10368 (17%)
    75-99K504 (10%)3169 (12%)7035 (12%)
    100-199K544 (11%)5017 (20%)11399 (19%)
    200K+69 (1%)1355 (5%)3648 (6%)
    Highest Education LevelNo Diploma72030739467
    Diploma or GED20331108625769
    Some College1579873917673
    Assoc. Degree82736168507
    Bachelors Degree16771189927789
    Higher Degree843632214767
    Total Housing Units5,73028,19766,956
    --Owner-Occupied1,70613,96231,031
    --Renter-Occupied3,13711,01926,865
    Owner-Occupied Values< 100K33911753449
    100-199K56329676696
    200-299K56841427462
    300-399K13828355786
    400-499K1412202699
    500K+8416234939
    Total Working Age Population8,68950,206124,146
    In Work Force5,98933,32879,374
    Not In Work Force2,69916,87944,773
    Workforce Employed5,75432,19675,654
    Workforce Unemployed1999743,225
    Civlian Workforce5,95333,16978,879
    Military Workforce37159495
    Total Households4,84324,98157,896
    Family Households2,30612,85729,685
    Non-Family Households2,53612,12428,211
    Married Couple1,3619,21920,121
    Other Family9463,6379,565
    Married w/Child3132,7556,229
    Single Male w/Child79277577
    Single Female w/Child4881,2683,595

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    South Carolina4,012,012+154,625,364+95,020,400+95,488,460
    Charleston County309,969+13350,209+5366,380+6386,660

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1859 Sam Rittenberg Boulevard in Charleston?
    The asking price for 1859 Sam Rittenberg Boulevard is $2,450,000
    What is the building size of this Retail property in Charleston, SC?
    The size of the building/unit at 1859 Sam Rittenberg Boulevard in Charleston is 3,682 square feet
    How much land does the Charleston, SC property at 1859 Sam Rittenberg Boulevard include?
    1859 Sam Rittenberg Boulevard in Charleston includes 0.980 acres of land
    What kind of Retail is the propery at 1859 Sam Rittenberg Boulevard?
    The property at 1859 Sam Rittenberg Boulevard Charleston, SC 29407 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1859 Sam Rittenberg Boulevard in Charleston?
    The population within 1 mile of 1859 Sam Rittenberg Boulevard Charleston, SC 29407 is 10,543 people.
    Who do I contact for questions about 1859 Sam Rittenberg Boulevard?
    You should contact the listing agent, Markus Kastenholz, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Charleston Air Force Base-International Airport (CHS) 7
    Savannah Hilton Head International Airport (SAV) 83
    Columbia Metropolitan Airport (CAE) 101