REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,395,000
Est. payment /mo
Active
284 King ST Charleston, SC 29401
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 31009643
Property Sub-Type Retail
Property Description
Trophy King Street retail condominium leased to Tapestry, Inc. (NYSE: TPR) and operating as a Kate Spade flagship. The +/-1,941 SF ground-floor unit has +/-22 ft of full-glass storefront in the heart of the Fashion District. Net lease through January 2034 with two 5-year renewal options and fixed annual increases. Fully renovated in 2023. Fee-simple ownership in a two-unit horizontal property regime; the regime is being finalized and recorded and will be complete prior to closing. Passive, investment-grade income, well suited to 1031 exchange buyers. The confidential Lease & Financial Package is available to qualified buyers. Do not disturb the tenant; showings by appointment only through the listing agent.
Location
State SC
County Charleston
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Listed by Christopher Anderson • King and Society Real Estate
NEARBY SCHOOLS & PROPERTIES