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284 King Street Unit A | Charleston | $3,395,000
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284 King Street Unit A Charleston, SC 29401 $3,395,000
1,941 SQ. FT.

284 King Street Unit ACharleston, SC 29401

For SALE Business ACTIVE
$3,395,000
EST. 8,546.01/MO CALCULATE
1,941 SQ. FT.

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.

Property Details

  • MLS ID31009643
  • Property TypeCommercial - Retail
  • Current UseRetail
  • Days on Site17
  • Existing Lease TypeNNN, Other
  • Parcel Number457-04-04-043
  • SewerPublic Sewer
  • WaterPublic

Listed By / Shown By

Listed By

Agency Name: King and Society Real Estate

SCCMLS

Shown By

Agent Name: Kathi Trapnell
Agent Phone: (302) 545-1348
Agency Title: Carolina One Real Estate

SCCMLS

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Kathi Trapnell
Kathi Trapnell (302) 545-1348

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284 King Street Unit A

Kathi Trapnell

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Location 284 King Street

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Kathi Trapnell
Kathi Trapnell (302) 545-1348

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