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NNN Ground-Leased Retail Property
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1000 Floyd Dr, Charleston, SC 29414

Charleston-area quick-service restaurant project backed by an absolute NNN corporate ground lease.

Property SizeContact for details
Lot Size2.37 Acres
Days on Market143

Property Features for 1000 Floyd Dr

General Information

Standard status Active
Lot size 2.37 Acres
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: Oswald Cooke & Associates
Listed By: Benjy Cooke · License #SC 39847
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oswald Cooke & Associates

Investment Insights

Based on property information with market context.

This under-construction retail property is designed for Chick-fil-A and is supported by a 15-year absolute NNN corporate ground lease. The lease begins August 24, 2025, includes ten five-year renewal options, and provides 10% rent increases every five years during the initial term and renewal periods. The site occupies a 2.37-acre Walmart outparcel at the meeting point of Floyd Drive, West Ashley Circle, and Bees Ferry Road in Charleston, SC.

Connectivity in the surrounding area has benefited from widening work on Glenn McConnell Parkway. Nearby commercial operators include Starbucks, Harris Teeter, Tropical Smoothie Café, Lowes Foods, Lowe’s, Home Depot, McDonald’s, Jersey Mike’s, and Great Clips. The surrounding corridor also includes existing and planned residential communities, additional commercial development, and office expansion.

Key Highlights

  • 15‑year absolute NNN corporate ground lease with Chick‑fil‑A
  • Ten five‑year renewal options included in the lease
  • 10% rent increases every five years through the initial term and renewal periods

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

164
Businesses Nearby
187k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 49% Groceries 22% Dining 18% Shops & Services 12%
Walmart Superstores
90,811 visits/mo 0.1 miles
Harris Teeter Groceries
40,542 visits/mo 0.3 miles
Shell Shops & Services
14,909 visits/mo 0.2 miles
Starbucks Dining
13,874 visits/mo 0.3 miles
Tropical Smoothie Cafe Dining
7,298 visits/mo 0.3 miles

Demographics for 29414, SC

45,150
Population
20,209
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
49.0 sq mi
ZIP Area
921
Density / Sq Mi
$91,976
Median Household Income
$53,535
Median Earnings
$1,639
Median Rent
$380,600
Median Home Value

Market

Vacancy Rate% for Retail in Charleston, SC

5.2% 2019
7.2% 2020
6.3% 2021
4.6% 2022
4.1% 2023
3.8% 2024
3.6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Charleston-area quick-service restaurant project backed by an absolute NNN corporate ground lease.
Where is this nnn property located?
The property is located at 1000 Floyd Dr Charleston, SC.
What are key features of this property?
This property features: 15‑year absolute NNN corporate ground lease with Chick‑fil‑A; Ten five‑year renewal options included in the lease; 10% rent increases every five years through the initial term and renewal periods
(843) 343-1351 Call to check price and availability
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