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$ 3,197,000
Est. payment /mo
Pending
345 King ST Charleston, SC 29401
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 31004991
Property Sub-Type Retail
Property Description
Charleston Commercial, on behalf of ownership, is pleased to exclusively offer the 345 King Street to qualified Buyers. The offering includes a Single Tenant Modified Gross Lease Property located in the heart of the retail district of King Street. The two story property is leased to Kenny Flowers, which is an upscale tropical clothing and lifestyle brand that is all about embracing the feeling of vacation, every dayThe two story property serves as ground floor retail/ showroom space for the brand, with the second floor serving as an event space, equipped with a bar and patio for KF. The retail lease features a three year base term with options and annual escalations. Located along King Street, amongst luxury retail, hotels, and world class restaurants, the property features a credit retailer with below market rate. This highly sought after location creates high barriers to entry, and near impossible to replicate, making 345 King Street a great opportunity for an investor looking for a long term hold, or an exchange buyer interested in an insulated trophy property.
Location
State SC
County Charleston
Zoning City of Charleston - GB - General Business
Listed by Joshua Schaap • Charleston Commercial
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