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Property profile & analytics
FOR LEASE
Retail space

Shoppes At Seaside Farms Mount Pleasant, SC 29464

46,202 SF 4.71 ac lot Built 1996
Entity Owned 21-yr Hold Free & Clear
Property ID
US77-1179751
Property summary
AI-generated overview

This exceptional 45,660-square-foot retail space presents a unique investment opportunity in the thriving Mount Pleasant, South Carolina market. Located at 1981 Riviera Drive, this single-story, 1996-built building is currently occupied by Harris Teeter and will become available approximately six months after lease execution. The property boasts high ceilings, offering versatile options for various commercial uses beyond grocery. Situated within The Shoppes at Seaside Farms, a dynamic lifestyle center, this location benefits from high visibility and strong foot traffic. The center is anchored by a Target and features over 40 unique shops, including restaurants and spas, catering to a high-income demographic in affluent surrounding neighborhoods. The property's General Business (GB) zoning allows for a wide range of commercial activities. The APN is 561-00-00-134. This prime location offers easy access to Charleston, Isle of Palms, and Sullivan's Island, ensuring significant exposure to a large customer base. The building's substantial size and strategic placement within a successful shopping center make it an ideal location for a variety of businesses seeking a prominent presence in a rapidly growing area. The property's convenient location and existing infrastructure provide a seamless transition for new tenants. This is a rare opportunity to acquire a large, well-located retail space in a highly desirable market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1996
Total area 46,202 SF
Lot 4.71 ac (205,168 SF)
APN 561-00-00-134
UPID US77-1179751
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harris Teeter Pharmacy Pharmacy
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • First National Bank ATM Atm
  • Western Union Bank Credit Union
  • higi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.59M
Blend (final) Blend
$11.60M
Owner & transaction history
Ashley Shores-beach LLC · 21 yrs held
Ashley Shores-beach LLC
since 2005
2 recorded transactions
2005
$4.7M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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