Restaurant/Nightclub Sub-Lease and FF&E Sale

Retail-Commercial for Lease
Catylist Listing ID: 30093115
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Contiguous Space: 4,430 SF
Building Size (RSF): 4,430 SF
Gross Land Area: 9,558 SF
Lease Rate: $30 PSF (Annual)
Base Monthly Rent: $11,075
Lease Types: NNN
Ceiling: 12 ft.
Usable Size (USF): 4,430 SF
Last Updated: 10/17/2017

Overview / Comments

Valuable King Street Food & Beverage location in the heart of Downtown Charleston.Purchase price for FF&E is $450,000 and lease is assumable for remaining term and option for renewals.

Attachments & Media

Expand All Available Space

Suite: 468 4,430 SF $30 PSF (Annual) NNN
Level/Floor: Ground
Space Available: 4,430 SF
Lease Rate: $30 PSF (Annual)
$11,075 (Monthly)
Lease Type: NNN
Space Description: FF&E-Furniture Fixtures & Equipment and 31 months remaining on the Lease with options at $30.00 PSF NNN with 3% increases annually. Grandfathered 2am closing time.
Date Available: 5/16/2017
Lease Term: 43 Months
Space Type: Sublet
Sublease Expiration Date: 5/30/2020

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 51 - Peninsula Chas. inside of crosstown
Tax ID/APN: 460-12-02-031
Zoning: GB - General Business
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Mary Street and Ann Street
Property Visibility: Excellent
Largest Nearby Street: King Street
Feet of Frontage: 48
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1971
Year Renovated: 2016
Construction/Siding: Block
Parking Type: Other
Sprinklers: Other
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,173 57,192 137,010
Median Age: 29.15 34.17 36.54
Households: 9,718 24,188 57,250
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