The Shoppes of Mt. Pleasant Racquet Club sit on N. Hwy 17 with excellent visibility in front of Mt. Pleasant Racquet Club, a Premier Tennis Complex. The Tennis facility will have a state-of-the-art clubhouse complete with amenities and dining, as well as, 30 clay tennis courts. It will be the 2nd largest in the nation, as well as, the top five largest clay court facilities in the United States. There will be over 30,000SF of retail situated on N. Hwy 17 in front of the complex. Ideal for restaurants, retailers and office users. This is an opportunity for a Ground Lease at Building 100. THIS PROPERTY IS NOT FOR LEASE FOR $1. Call for details! The project is scheduled for a 2020 delivery.
| Area | Mt Pleasant North of IOP Connector |
| City Name | Mount Pleasant |
| County | Charleston |
| State | SC |
| Property Type | Retail |
| Postal Code | 29466 |
| Square Feet | 30200 SF |
| Date Modified | 2019-07-08T10:23:51 |
| Property Status | Proposed |
| Status | Active |
| Title | The Shoppes of Mount Pleasant Racquet Club - Building 100 |
Listed by: Avison Young - South Carolina Inc | 843-725-7200
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
