Retail Building Investment Opportunity on Maybank Highway (James Island) – Fully Leased

Read More

INVESTMENT HIGHLIGHTS

  • New construction, retail center located on James Island in the heart of Charleston, SC
  • Irreplaceable hard corner, signalized intersection on a high traffic thoroughfare (30,069 VPD)
  • Zoned General Business – GB District which is the most flexible zoning designation in The City of Charleston, allowing for a broad range of re-develop
  • New NNN Leases with tenants reimbursing for all operating expenses and management fees
  • All tenant leases feature increases during the primary term, 4 out of the 5 leases feature personal guarantees

Official Listing Details

EXECUTIVE SUMMARY

1989 Maybank Hwy Center is 100% leased with new long-term, NNN leases, all to multi-unit regional operators. The asset is located at a signalized hard corner intersection, adjacent to The Charleston Pour House, an extremely popular music venue and across from the Terrace Theatre.

ATTACHMENTS: Full Details

1989MaybankHwyCenter_CharlestonSC 

PROPERTY FACTS

  • Sale Type: Investment NNN
  • Property Type: Retail
  • Property Subtype: Storefront Retail/Office
  • Building Size: 12,167 SF
  • Building Class: B
  • LoopNet Rating: 4 Star
  • Year Built: 2021
  • Price: $7,616,000
  • Price Per SF: $626
  • Cap Rate: 6.15%
  • NOI: $468,388
  • Percent Leased: 100%
  • Tenancy: Multiple
  • Building Height: 2 Stories
  • Building FAR: 0.18
  • Land Acres: 1.53 AC
  • Zoning: General Business – Subject to neighborhood overlay that prohibits liquor store.
  • Parking: 82 Spaces (6.74 Spaces per 1,000 SF Leased)
  • Frontage: 250 FT on Maybank Highway

Snapper Jack’s on Folly Beach is For Sale for $2.6M

Read More

Thinking about owning a restaurant just a few steps from the beach in beautiful Folly Beach, South Carolina? Now is your chance…..

Business Description and Sale Details

Size & Layout: This remarkable restaurant boasts an expansive and open floor plan, encompassing a generous 5,000 square feet of combined interior and exterior space. Within this space, the interior dining area and back patio can comfortably accommodate up to 150 guests, providing ample room for patrons to enjoy their meals in a welcoming and spacious setting. Additionally, the rooftop patio offers seating for approximately 45 guests, creating an inviting outdoor dining experience with scenic views, enhancing the overall dining ambiance. With such versatility, this restaurant provides a spacious and flexible dining environment that can cater to a diverse clientele.

Restaurant Info: Snapper Jack’s Folly Beach

Buyout Price (Lease and FF&E): $2.6 Million

· Parking Spaces: For the convenience of both staff and patrons, the property offers 5 parking spaces along with ample off-street parking options, ensuring easy accessibility.

Monthly Expenses:

· Monthly Rent: The monthly estimated rent rate is at $21,342.00, a competitive rate. This amount is all-inclusive and covers property taxes, insurance, and Common Area Maintenance (CAM).

Lease Information:

· Years Left: With 8 years remaining on the lease, you have substantial time to continue building and growing your business while enjoying the stability of a long-term lease.

· Lease End Date: The current lease extends until June 30, 2031, providing you with both security and peace of mind.

· Renewal Options: The lease includes three 5-year renewal options, 4% annual increase.

Folly Beach is among one of the must-visit beaches in the South! Restaurant is nestled in the heart of Folly Beach, SC. The restaurant’s strategic proximity to the beach and its central location make it a prime destination for those seeking a memorable dining experience in this coastal paradise. By becoming a part of the Folly Beach allure, you have the opportunity to create a restaurant legacy that captures the essence of this cherished beach destination.

Contact: Mike Santos (843) 343-4909

Official Listing

Significance of Family During Christmas

Read More


Family holds a special significance during Christmas for several reasons:

  1. Tradition and Rituals: Many families have unique traditions and rituals they follow during the holiday season. Whether it’s decorating the Christmas tree together, preparing special meals, or attending religious services, these shared activities create a sense of continuity and belonging.
  2. Emotional Connection: Christmas often brings a sense of warmth and nostalgia. Being with family during this time allows individuals to connect emotionally, reminisce about past celebrations, and create new memories that will be cherished in the years to come.
  3. Support and Comfort: For many, the holiday season can be both joyful and stressful. Being with family provides a support system and a source of comfort. Families often come together to share the joys and challenges of the year, offering emotional support and understanding.
  4. Gift of Presence: The saying “presence is the best present” is particularly true during Christmas. Being physically present with family members fosters a sense of togetherness that goes beyond material gifts. The time spent together is often more valuable than any wrapped present.
  5. Celebration of Togetherness: Christmas is a time of togetherness and unity. Families gather to celebrate love, joy, and the spirit of giving. The shared experience of the holiday season creates a sense of unity and reinforces the importance of family bonds.
  6. Generosity and Sharing: Christmas is a season of giving, and families often engage in acts of generosity together. Whether it’s exchanging gifts, volunteering as a family, or helping those in need, the shared experience of giving enhances the sense of connection and shared values.
  7. Tradition of Gratitude: Christmas is a time to reflect on gratitude and appreciate the blessings in life. Families often come together to express gratitude for one another, fostering a sense of thankfulness and reinforcing the importance of family relationships.
  8. Cultural and Religious Significance: For many people, Christmas has cultural or religious significance. Families may come together to celebrate religious traditions, attend services, or participate in cultural practices that strengthen their sense of identity and shared beliefs.
  9. Reunion of Loved Ones: Christmas often brings together family members who may live far apart. The reunion of loved ones during the holiday season is a special and cherished occasion, allowing for the renewal of bonds and the creation of lasting memories.
  10. Symbolism of Love: Christmas is often associated with the concept of love, kindness, and goodwill. Being with family during this time is a tangible expression of love and care, reinforcing the idea that family is a source of love and support.

Ultimately, the specialness of family during Christmas is deeply rooted in the values of love, togetherness, and shared experiences that define the holiday season.

Let’s embrace family as long as we can…..

Yes, Virginia, There is a Santa Claus – Charleston, SC Style Editorial

Read More

Dear Virginia,

Greetings from the enchanting shores of Charleston, where the gentle breeze carries the sweet scent of magnolias and the sound of laughter dances through the historic streets like a joyful melody.

I trust this letter finds you in high spirits, filled with the warmth that the holiday season brings. Your question, my dear Virginia, has reached me, and it brings me great joy to confirm that, yes, there is a Santa Claus, and his spirit is alive and well in the heart of Charleston.

In the charming glow of the gas lamps that line the cobblestone streets, Santa’s magic weaves through the historic homes and gardens, leaving behind a trail of joy and wonder. The Holy City, as Charleston is fondly known, is a place where dreams take flight and wishes come true, especially during this magical time of year.

Picture this: on Christmas Eve, as the moonlight reflects off the harbor waters, Santa sails in on a grand palmetto tree-adorned boat, pulled by a team of spirited dolphins. With a twinkle in his eye and a Lowcountry drawl, he delivers gifts to the good boys and girls nestled in the colorful Rainbow Row houses.

Charleston’s citizens, ever so gracious, leave sweetgrass baskets filled with treats for Santa, knowing that his journey across the city is no small feat. The aroma of freshly baked benne wafers and pralines wafts through the air, enticing even the most magical of beings.

So, fear not, dear Virginia, for in the heart of Charleston, the spirit of Santa Claus lives on, painting the city with the colors of joy, love, and the true magic of Christmas.

Wishing you a season filled with Southern hospitality and the joyous spirit of the holidays.

Yours in festive merriment,

Charleston Chronicle

The Story of Charleston’s First Christmas Tree

Read More

Thanks to Dr. Nic Butler and his research for the Charleston County Public Library, we bring you the story of Charleston’s First Christmas Tree.

 But before we plunge in, take a good look at this famous illustration, published in a very popular American periodical called Godey’s Lady’s Book.

The magazine’s December 1850 issue included an engraving of Britain’s Queen Victoria and her family standing around a decorated evergreen tree placed on a tabletop and surrounded by small presents.

We can trace the beginning of the Christmas tree tradition in Charleston, with a fair amount of certainty, to a specific incident that also took place in December of 1850.       

Thanks to Dr. Nic we know that the story revolves around a mega-celebrity of that day, Swedish soprano Jenny Lind, who in September 1850 embarked on a long tour across the United States organized by master showman P. T. Barnum.

After appearing to sold-out audiences in New York City, Ms. Lind and her fashionable entourage traveled in a private rail car across the northeastern states and performed in a number of cities. In mid-December, she sailed by steamship from Baltimore to Charleston, where our local newspapers had covered her travels with close attention.

The sea voyage was stormy and unusually long, so Ms. Lind arrived in Charleston on December 23rd feeling seasick and exhausted. The first of her three concerts in the Palmetto City wasn’t until December 26th, but throngs of fans and admirers gathered outside her room at the Charleston Hotel on Meeting Street in the hopes of catching a glimpse of the celebrated “Swedish Nightingale.”

On Christmas Eve, 1850, the people passing along the street noticed an unusual sight in the window of Jenny Lind’s room. “A Forest Tree,” observed the Charleston Courier, “was placed at her window, decorated with variegated lamps, which attracted much attention.”

The immense popularity of both Jenny Lind and Queen Victoria, combined with the affection both ladies demonstrated for evergreen decorations, propelled the Christmas tree into the vanguard of holiday necessities in the Charleston area and beyond.

Source: Hopsewee Plantation (Facebook)

Most unsafe cities during the holiday season – What South Carolina cities made the list and why!

Read More

During the holiday season, we all want to remain safe with our loved ones, and although we all hope our city is our haven, what cities are the most unsafe this holiday season? 

Vivint recently analyzed 50 of the largest cities nationwide and 182 of the most populated cities, analyzing five factors to reveal the top most unsafe cities this holiday season.

  • Charleston ranks as the 38th most unsafe city during the holidays, followed by Columbia (68th) and North Charleston (113th) 
  • Columbia has the 16th most vehicle thefts, while Charleston has the 23rd most 
  • North Charleston has the 2nd fewest neighborhood watch groups in the US, and Charleston has the 20th fewest security cameras 

Click HERE for study details.