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Shopping Neighborhood

Hobby Lobby & Boot Barn

7800 Rivers Ave, North Charleston, SC 29406

Listing Price: $9,800,000

Cap Rate
6.25%
Gross SF
65,000
Rentable SF
65,000
Price/Gross SF
$150.77
Lot Size
6.00 acres
Year Built
1987

Investment Overview

Hobby Lobby & Boot Barn Two-Tenant NNN Retail Center in North Charleston, SC. Redeveloped & Fully Renovated in 2016 with High- Image Facades & New Build-Outs. Part of Larger Promenade at Northwoods Shopping Center with Crunch Fitness, Ollie’s Bargain Outlet, Party City, Plato’s Closet, Moe’s SW Grill, Sport Clips & More

Investment Highlights

  • Hobby Lobby & Boot Barn Two-Tenant NNN Retail Center in North Charleston, SC
  • Top-Tier Hobby Lobby Store Per Placer.ai Data – Top 5% of All Locations Nationally (#41 Overall) and #3 Store in South Carolina
  • Huge Traffic Counts of 69,800 VPD on Rivers Ave and Just Off Exit Ramps to I-26 with 108,300 VPD
  • Hobby Lobby Comprises 84.6% of GLA on Original 10-Year NNN Lease thru February 2026
  • 2016 Renovation Included New Roof with Firestone 20-Year Warranty
  • Boot Barn Comprises 15.4% of GLA on Original 10-Year NNN Lease thru March 2026
  • 100% Recovery of Landlord Tax/Ins/CAM Expenses via NNN Leases
  • Redeveloped & Fully Renovated in 2016 with High- Image Facades & New Build-Outs

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Shopping Neighborhood

Hobby Lobby & Boot Barn

Listing Price: $9,800,000

Cap Rate
6.25%
Gross SF
65,000
Rentable SF
65,000
Price/Gross SF
$150.77
Lot Size
6.00 acres
Year Built
1987

Investment Highlights

  • Hobby Lobby & Boot Barn Two-Tenant NNN Retail Center in North Charleston, SC
  • Top-Tier Hobby Lobby Store Per Placer.ai Data – Top 5% of All Locations Nationally (#41 Overall) and #3 Store in South Carolina
  • Huge Traffic Counts of 69,800 VPD on Rivers Ave and Just Off Exit Ramps to I-26 with 108,300 VPD
  • Hobby Lobby Comprises 84.6% of GLA on Original 10-Year NNN Lease thru February 2026
  • 2016 Renovation Included New Roof with Firestone 20-Year Warranty
  • Boot Barn Comprises 15.4% of GLA on Original 10-Year NNN Lease thru March 2026
  • 100% Recovery of Landlord Tax/Ins/CAM Expenses via NNN Leases
  • Redeveloped & Fully Renovated in 2016 with High- Image Facades & New Build-Outs

Investment Overview

Hobby Lobby & Boot Barn Two-Tenant NNN Retail Center in North Charleston, SC. Redeveloped & Fully Renovated in 2016 with High- Image Facades & New Build-Outs. Part of Larger Promenade at Northwoods Shopping Center with Crunch Fitness, Ollie’s Bargain Outlet, Party City, Plato’s Closet, Moe’s SW Grill, Sport Clips & More

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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