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St. Andrews Blvd at Penn Ave - Land For Lease
Charleston - South Carolina
55 ' x 55' restaurant or retail building pad with approvals, 1,500 SF outdoor seating area
Directions
From downtown Charleston, veer right after Ashley River bridge onto Hwy 61 (St. Andrews Blvd.). Pass through two traffic lights. First large piece of land after passing many small office buildings lining both sides of road. Look for Penn Avenue on right. Directly across from beginning of Avondale Drive. Side of property fronts on Penn Avenue.
Property Description
Signature high visibility retail/restaurant pad site with an expansive outdoor seating area and incredible CC zoning in unincorporated Charleston County, St. Andrews PSD, not annexed into the City of Charleston. Lower taxes than in the City, no design review board approvals needed, no height limits, yet extremely close to the heart of the city. Offering a 55'x55' restaurant retail pad for ground lease with ~135 shared parking spaces. Price is inclusive of parking, landscaping, and utilities stubs installed.
Area
Located on busy St. Andrews Blvd. (Hwy. 61) 3 doors down of old Cross Seed on going home side of road acoss from Ryan's Steakhouse and Food Lion shopping center. Within ~1 mile of downtown. Property located at end of Avondale entering heavy commercial district. Mostly small office properties between property and peninsula.
Agent Notes
Save time and dollars on design approvals. Existing plan took over 2 years to approval. This is "Pad B" on site plan. Two other pads available: a 135x80 medical office pad and a 70x55 retail/restaurant pad with outdoor seating. Gap analysis indicates significant consumer desire for restaurant, and medical office. A large medical office building onsite will serve as an aggregator making this pad a destination for restaurant and retailing. Full size architectural, site plans, and additional information available upon request. Minimum 5 year initial lease term. Save time and dollars on design approvals. Owner may be able to help with strong tenant's financing. Possible JV in limited circumstances.
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