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Shopping Strip

Sportsman | Conns | LaZboy

4956 Centre Pointe Dr, North Charleston, SC 29418

Listing Price: $22,950,000

Cap Rate
7.46%
Gross SF
112,302
Rentable SF
112,302
Price/Gross SF
$204.36
Lot Size
8.32 acres
Year Built
2016

Investment Overview

Marcus & Millichap is pleased to present The Shoppes at Centre Pointe, a multi-tenant retail power center fully occupied by La-Z-Boy Furniture Galleries, Conn’s HomePlus, and Sportsman’s Warehouse. The subject property is directly adjacent to Tanger Outlets of Charleston, the largest shopping mall in the entire Charleston MSA with over 80 store shops, and is ideally located at the geographic center of the greater Charleston Metro market at the intersection of Interstates 26 and 526. Situated in a dominant trade and commercial zone, the immediate surrounding area is home to a vast amount of other national retailers including Walmart, Ashley Furniture, Dollar Tree, Staples, Sam’s Club, Chick-fil-A, Starbucks and more. Other nearby economic drivers include The Boeing Company’s manufacturing facility, the Charleston International Airport, the North Charleston Coliseum & Performing Arts Center, and the North Charleston Convention Center. Situated on approximately 8.32 acres in the North Charleston submarket, the subject property is exposed to a very high traffic count of nearly 200,000 vehicles per day

Investment Highlights

  • Situated Adjacent to Major Economic Drivers, Other National Retailers, and Major Hoteliers
  • Located in Very High-Density Retail & Shopping District of North Charleston Submarket
  • 30 Minute Drive Demographics - Population: 622,987 | Number of Households: 243,669 | Average Household Income: $90,700
  • Very High Traffic Count Location | 91,000 VPD via I-526 | 104,000 VPD via I-26
  • Multi-Tenant Power Center 100% Occupied by National/Regional Tenants
  • All Leases Feature Rent Escalations Allowing for Hedge Against Inflation
  • All NNN Tenants | Minimal Landlord Responsibilities
  • Directly Adjacent to Tanger Outlets of Charleston | Largest Shopping Mall in the Entire MSA

Exclusively Listed By

Listing Price: $22,950,000

Cap Rate
7.46%
Gross SF
112,302
Rentable SF
112,302
Price/Gross SF
$204.36
Lot Size
8.32 acres
Year Built
2016

Investment Highlights

  • Situated Adjacent to Major Economic Drivers, Other National Retailers, and Major Hoteliers
  • Located in Very High-Density Retail & Shopping District of North Charleston Submarket
  • 30 Minute Drive Demographics - Population: 622,987 | Number of Households: 243,669 | Average Household Income: $90,700
  • Very High Traffic Count Location | 91,000 VPD via I-526 | 104,000 VPD via I-26
  • Multi-Tenant Power Center 100% Occupied by National/Regional Tenants
  • All Leases Feature Rent Escalations Allowing for Hedge Against Inflation
  • All NNN Tenants | Minimal Landlord Responsibilities
  • Directly Adjacent to Tanger Outlets of Charleston | Largest Shopping Mall in the Entire MSA

Investment Overview

Marcus & Millichap is pleased to present The Shoppes at Centre Pointe, a multi-tenant retail power center fully occupied by La-Z-Boy Furniture Galleries, Conn’s HomePlus, and Sportsman’s Warehouse. The subject property is directly adjacent to Tanger Outlets of Charleston, the largest shopping mall in the entire Charleston MSA with over 80 store shops, and is ideally located at the geographic center of the greater Charleston Metro market at the intersection of Interstates 26 and 526. Situated in a dominant trade and commercial zone, the immediate surrounding area is home to a vast amount of other national retailers including Walmart, Ashley Furniture, Dollar Tree, Staples, Sam’s Club, Chick-fil-A, Starbucks and more. Other nearby economic drivers include The Boeing Company’s manufacturing facility, the Charleston International Airport, the North Charleston Coliseum & Performing Arts Center, and the North Charleston Convention Center. Situated on approximately 8.32 acres in the North Charleston submarket, the subject property is exposed to a very high traffic count of nearly 200,000 vehicles per day

Exclusively Listed By

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