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    5601 Rivers Ave North Charleston, SC 29406

    For Lease
    $16 SF/Yr

    North Charleston Retail Center - High Visibility

    Lot size:
    80,687 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Gas Lite Square, located at 5601 Rivers Ave in North Charleston, South Carolina, offers exceptional retail space in a recently renovated center. This multi-tenant property boasts a total of 80,687 square feet, with one available space ranging from 8,714 to 18,000 square feet. The property has undergone significant improvements, including a new facade, enhanced parking, upgraded lighting, updated signage, and attractive landscaping. Most bays are offered as modified shells, allowing for tenant-specific build-outs with allowances provided. This prime location benefits from its position at a major intersection, three corners of which have recently undergone redevelopment. Gas Lite Square enjoys excellent visibility and high traffic counts of 34,000 vehicles per day (VPD). Its strategic location just off I-26 and with convenient access to I-526 provides easy access for customers and employees. The property is situated in the heart of North Charleston, offering close proximity to significant employment centers such as the Boeing plant, popular shopping destinations like Tanger Outlets, and key community facilities including the North Charleston Coliseum and Convention Center. This presents a unique opportunity for businesses seeking high-traffic exposure and a vibrant location within a thriving commercial area. The property is classified as Retail, with subtypes including Office, Medical, and Salon uses. The zip code is 29406, and the property is in Charleston County.

    Property Features for 5601 Rivers Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,687 SF
    Total Rate
    107582.67

    Unit(s) available at that property

    Space
    5617
    Size
    18,000 SF
    Rate per SF
    $16

    HighLights

    • Recently renovated 80,687 SF multi‑tenant retail center in North Charleston, SC.
    • Available space ranging from 8,714 to 18,000 SF, mostly modified shells allowing for tenant improvements.
    • High visibility location at a major intersection with 34,000 VPD, enhanced by recent redevelopment.
    • Excellent access to I‑26 and I‑526, near Boeing, Tanger Outlets, and the North Charleston Coliseum.
    • Retail space suitable for office, medical, and salon uses; Zip code 29406, Charleston County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Charleston
    State
    South Carolina
    Longitude
    -80.0170263
    Latitude
    32.8967437

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    FAQs

    What type of property is this?
    Individual retail property - North Charleston Retail Center - High Visibility
    Where is this individual retail property located?
    The property is located at 5601 Rivers Ave North Charleston, SC.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Recently renovated 80,687 SF multi-tenant retail center in North Charleston, SC.; Available space ranging from 8,714 to 18,000 SF, mostly modified shells allowing for tenant improvements.; High visibility location at a major intersection with 34,000 VPD, enhanced by recent redevelopment.
    Request Owner's contact information
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    North Charleston, SC 29406
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5601 Rivers Ave North Charleston, SC 29406
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