Shopping Strip
Harbour Lake Plaza
1316 Red Bank Rd, Goose Creek, SC 29445
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a Food Lion anchored
shopping center located in the high growth Charleston suburb of Goose Creek.
The property is 97.6% leased with long tenured, low rent paying tenancy and has additional upside with excess land for future development. Food Lion recently extended their lease by 10 years.
The property is well located within 10 miles of many large economic drivers, such as the Charleston Airport, the North Charleston Port, the Boeing, Bosch and Mercedes-Benz Plants and more. It is positioned by the entrance to the Charleston Naval Base Station with over 10,000 residents and employees.
Harbour Lake Plaza
Investment Highlights
- Well Seasoned Tenancy- 66% of the GLA is Leased to Tenants Who Have Occupied Their Space for Over 10 Years, and 80% for Over 8 Years
- Low, Replaceable Rent with Upside
- Additional Parcel with Potential to Develop Another ~10,000 Square Foot Retail Building
- Food Lion, the Investment Grade Anchor, Demonstrated Their Commitment to This Location by Recently Extending Their Lease for 10 Years
- Charleston is the Only U.S. City Listed on Travel & Leisure Magazines of 'Best Cities in the World' as well as Taking the Number 1 Spot on Their '15 Best Cities in The United States' List for 11 Straight Years
Listing Price: Request For Offer
Investment Highlights
- Well Seasoned Tenancy- 66% of the GLA is Leased to Tenants Who Have Occupied Their Space for Over 10 Years, and 80% for Over 8 Years
- Low, Replaceable Rent with Upside
- Additional Parcel with Potential to Develop Another ~10,000 Square Foot Retail Building
- Food Lion, the Investment Grade Anchor, Demonstrated Their Commitment to This Location by Recently Extending Their Lease for 10 Years
- Charleston is the Only U.S. City Listed on Travel & Leisure Magazines of 'Best Cities in the World' as well as Taking the Number 1 Spot on Their '15 Best Cities in The United States' List for 11 Straight Years
Investment Overview
Marcus & Millichap is pleased to offer for sale the fee simple interest in a Food Lion anchored shopping center located in the high growth Charleston suburb of Goose Creek. The property is 97.6% leased with long tenured, low rent paying tenancy and has additional upside with excess land for future development. Food Lion recently extended their lease by 10 years. The property is well located within 10 miles of many large economic drivers, such as the Charleston Airport, the North Charleston Port, the Boeing, Bosch and Mercedes-Benz Plants and more. It is positioned by the entrance to the Charleston Naval Base Station with over 10,000 residents and employees.
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