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A 114 Cannon St
2,633 SF of Retail Space Available in Charleston, SC 29403
Highlights
- ONE BLOCK FROM MUSC CAMPUS
- RESTAURANT SPACE WITH GREAT VISIBILITY
- LOCATED IN THE SHORT TERM RENTAL OVERLAY
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,633 SF | Negotiable | £35.55 /SF/PA £2.96 /SF/MO £382.66 /m²/PA £31.89 /m²/MO £93,604 /PA £7,800 /MO | Triple Net |
1st Floor
Iconic downtown Restaurant location in Downtown Charleston located at the lighted corner of Cannon Street and Ashley Avenue.? This historic building is centrally located within the affluent and walkable short term rental overlay and I just one block from the Medical University of South Carolina Campus. This ground floor space has zoning approval for restaurant use with a 14 space parking variance.? This historic buildings offers large glass windows and multiple store front doors, 11+ foot ceilings, exposed brick and beautiful wide plank hardwood floors.? Additionally there is a walled open air patio area that could offer ambient outdoor seating.? Space to be delivered with Sprinkler system installed and ready for restaurant build out.? For the right operator landlord will offer a substantial TI allowance to allow restaurant user to build out the space as they see fit.? Multiple lease options and rates available including potential partnership opportunities for qualified restaurant operators.? Please contact listing agent to discuss further.?
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Kitchen
- Private Restrooms
- NEW RESTAURANT SPACE IN HISTORIC BUILDING
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 114 Cannon St , Charleston, SC 29403
| Property Type | Retail | Year Built | 1850 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.82/1,000 SF |
| Gross Internal Area | 5,645 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 5,645 SF |
| Year Built | 1850 |
| Parking Ratio | 2.82/1,000 SF |
About the Property
Iconic downtown Restaurant location in Downtown Charleston located at the lighted corner of Cannon Street and Ashley Avenue.? This historic building is centrally located within the affluent and walkable short term rental overlay and I just one block from the Medical University of South Carolina Campus. This ground floor space has zoning approval for restaurant use with a 14 space parking variance. This historic buildings offers large glass windows and multiple store front doors, 11+ foot ceilings, exposed brick and beautiful wide plank hardwood floors.? Additionally there is a walled open air patio area that could offer ambient outdoor seating. Space to be delivered with Sprinkler system installed and 2,000 Grease Trap + TI for qualified operator. Exterior to be painted by landlord as well as the install of a 700+/- SF paved patio area.
- Bus Route
- Pylon Sign
- Signage
- Signalised Intersection
Nearby Major Retailers
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Richard Callari -
Birchin Lane Realty Advisors, LLC
Presented by
A | 114 Cannon St
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