Restaurant/Nightclub Sub-Lease and FF&E Sale

Retail-Commercial for Lease
Catylist Listing ID: 30093115
Property Subtypes: Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Contiguous Space: 4,430 SF
Building Size (RSF): 4,430 SF
Gross Land Area: 9,558 SF
Lease Rate: $32 PSF (Annual)
Base Monthly Rent: $11,813
Lease Types: NNN
Ceiling: 12 ft.
Usable Size (USF): 4,430 SF
Last Updated: 1/31/2018

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 $32 PSF (Annual) NNN
Level/Floor: Ground
Space Available: 4,430 SF
Lease Rate: $32 PSF (Annual)
$11,813 (Monthly)
Lease Type: NNN
Space Description: FF&E-Furniture Fixtures & Equipment and 31 months remaining on the Lease with options at $32.00 PSF NNN with 3% increases annually. Grandfathered 2am closing time.
Date Available: 11/1/2017
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
Total Parking Spaces: 1
Parking Type: Other
Parking Description: One (1) rear parking spot behind building
Sprinklers: Other
Heat Type: Electricity, Natural Gas, Other
Heat Source: Central, Other
Air Conditioning: Package Unit
Zoning Description: Commercial with F& B grandfathered in
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
© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.