1902 Reynolds Avenue

$1,000,000North Charleston 29405

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1902 Reynolds Avenue

1902 Reynolds Avenue is a +/-2,578 SF freestanding Retail/Convenience store. This property presents an investment opportunity offering a stable, long-term income streamwith a 10-year lease in place through August 31, 2032, providing approximately six years of remaining term at a current rental rate of$5,500 per month. The lease includes two five-year renewal options, offering the potential for occupancy through 2042, with 10 rental increases to $6,050 and $6,655 per month, respectively. The lease structure provides limited landlord responsibilities, with the tenant responsible for utilities and nearly all maintenance and repairs. Thecombination of contractual rent growth, long-term occupancy potential, and minimal ownership obligations makes the property anattractive opportunity for investors seeking durable cash flow. Strategically located along Reynolds Avenue, an established commercialcorridor in North Charleston, near the highly desirable Park Circle area and former Charleston Naval Base.

Essential Information

  • MLS® #31009613
  • Price$1,000,000
  • Square Footage2578
  • TypeRetail
  • StatusActive

Community Information

  • Address1902 Reynolds Avenue
  • CityNorth Charleston
  • CountyCharleston
  • StateSC
  • Zip Code29405

Additional Information

  • Title +/-2,578 SF freestanding Retail/Convenience Store
  • Zoning City of North Charleston - B-2 - General Business District