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Atlanta & Southeast  + Southeast  + Retail  | 

SRS Real Estate Brokers $8M Sale of Charleston Retail Property

SRS Real Estate Partners’ National Net Lease Group has arranged the $7.6 million sale of a two-tenant, 65,000-square-foot retail property in North Charleston.

Located at 7800 Rivers Ave., the property is fully occupied by national tenants Hobby Lobby (55,000 square feet) and Boot Barn (10,000 square feet). Built in 1987 and renovated in 2016, the property is situated on six acres and is an anchor to a larger shopping center that includes Gander Outdoors, Party City, and Ollie’s Bargain Market. The asset is also an approximately ten-minute drive from Charleston International Airport

Matthew Mousavi, Patrick Luther, Britt Raymond and Kyle Fant of SRS represented the seller, an active developer in the Southeast. SRS also handled the financing on behalf of the buyer, a New Jersey-based private investor who was in a 1031 exchange.


Inside The Story

SRS’ Mousavi

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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