Retail•Community Center•For Lease

Riverwalk Business Park

61 Riverwalk Blvd., Building 2, Ridgeland, South Carolina 29936

Lease Rate $12.00-$16.00 /SqFt MG
Sale Type Investment
Zoning GC
Bldg Type Multi-Tenant
Year Built 2006
Stories 1
Vacancy 50%
Gross Bldg 12,000 SqFt
Contig Space 1,500 SqFt
Market Bluffton / Hilton Head
12,000 square foot multi-tenant building in Riverwalk Business Park consisting of 750 - 1,500 square foot units. Approximately 87.5% leased. There is only one 1,500 sf move-in ready unit available. Current NOI is approximately $88,949. Riverwalk Business Park affords the broadest zoning possible which allows for almost all uses including retail, office, restaurant, medical, etc. High growth area. This 10 year new property is priced below replacement cost and provides an investment with tremendous upside with escalating rents and more tenants looking to relocate to the Riverwalk area. Rare opportunity to lease a 750 square foot corner retail unit. The space has an abundance of natural sunlight coming in from two sides. The building is adjacent to Livinggoods. Other tenants in the immediate area include Palmetto Animal League, the Lunch Lady, Cheap Seats Tavern, a commercial kitchen, a couple of hair salons, Cleaning Authority, a dance studio and many others. This is ideal space for any small retail or office looking for affordable rents, central location and diverse tenant mix. Riverwalk Business Park is located on Highway 170 just north of Highway 278. It is less than 2 miles from the major Highway 278 interchange, where the 268-acre commercial development, Okatie Center, is planned with a Wendy's, Zaxby's, Advance Auto, Cracker Barrel, Firestone and Ethan Allen already in place. Also nearby are Sun City Hilton Head (with 15,000 residents, age 50+) and two colleges (University of South Carolina/Bluffton and the Technical College of the Lowcountry). This is a high-traffic and high-growth area is centrally located and just minutes from Beaufort, Bluffton, Hilton Head Island and Savannah. Riverwalk Business Park has a broad tenant mix ranging from light industrial to professional office to retail and restaurant tenants.
  • Centrally located retail/office multi-tenant building for sale
  • Priced below replacement cost
  • High Growth Area
  • Extremely flexible zoning allows for almost any user
  • 87.5% leased
  • 750 sf Corner Unit Available
  • Move-in Ready
  • Tons of Natural Light from two walls of windows
  • Affordable Rent
  • NNN expenses included
  • Central Location
  • Great Parking

5 Spaces

Street Retail
1,500 SqFt
$12.00 MG
G
1
11/1/2016
1,500 SqFt
1,500 SqFt
Community Center
1,500 SqFt
$12.00 MG
B
1
1,500 SqFt
1,500 SqFt
Community Center
1,500 SqFt
$12.00 MG
E
1
1,500 SqFt
1,500 SqFt
Community Center
750 SqFt
$16.00 MG
H
1
1/1/2019
Community Center
750 SqFt
$12.00 MG
I
1
3/15/2019 7:17:21 PM 3/15/2019 7:17:21 PM

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