Courier Square - Phase 1
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1 Courier Square - Phase 1 Charleston, South Carolina THE INFORMATION CONTAINE HEREIN HAS BEEN GIVEN TO US BY THE OWNER OF THE PROPERTY OR OTHER SOURCES WE EEM RELIABLE. WE HAVE NO REASON TO OUBT ITS ACCURACY, BUT WE O NOT GUARANTEE IT. ALL INFORMATION SHOUL BE VERIFIE PRIOR TO PURCHASE OR LEASE.
2 FOR LEASE - Up to ±19,0 SF of Retail Space Build-to-Suit Opportunity in World-Class Mixed-Use Building Property Features ±1,5-19,0 SF of retail space available facing either Meeting reet or Columbus reet, inside Courier Square All spaces are subdividible down to ±1,5 SF and offer build-to-suit opportunity On-site parking garage esigned by renowned architect, Robert A.M. ern, Courier Square is a state-of-the-art structure unlike any other on the peninsula (target completion date: Q1 2018) Upon completion, Courier Square will be home to Greystar s World Headquarters, and additionally house luxury apartments and Class A retail space Immediate proximity to Charleston s iconic King reet and the rapidly-growing Upper Peninsula Centrally located, offering convenient access to Highway 17, I-26 and Charleston s Lower Peninsula Lease Rate: $40 PSF, NNN Located in the Heart of owntown Charleston s Upper Peninsula Site For more information: avid J. Ingle dingle@naicharleston.com 1
3 Ground Floor Layout Build-to-Suit Opportunity in World-Class Mixed-Use Building 6,0 SF 8,8 SF 2,7 SF 4,126 SF 2
4 Ground Floor Overview Build-to-Suit Opportunity in World-Class Mixed-Use Building Retail Space A Retail Space B Retail Space Enclosed Parking Retail Space C 3
5 Property Renderings Build-to-Suit Opportunity in World-Class Mixed-Use Building View from Columbus reet The rendering above showcases two premier retail spaces facing Columbus reet. These retail spaces open up to a large sidewalk that allows for outside seating, with opportunity to install awnings for shading. A right turn around the corner leads pedestrians directly onto King reet-charleston s most reconigized street-in the heart of the evolving Upper Peninsula. View from Meeting reet The rendering above showcases two premier retail spaces facing Meeting reet. These retail spaces allow for awnings and provide convenient access to/from one of owntown Charleston s busiest streets. Less than a mile north of the retail shop doors, traffic is flowing in off of I-26 at a rate of 17,0 cars per day. Half of a mile south of the retail shop doors is The Charleston Museum, which attracts heavy daily foot traffic and 18,0 cars per day in the surrounding area. 14
6 The Upper Peninsula is on the Rise owntown Charleston Activity #2 Hot Real Estate Markets to Watch Market Indicators In Relation to Prior Quarters VACANCY NET ABSORPTION CONSTRUCTION RENTAL RATE Q Q Charleston s Lowcountry Lowline *Note: Construction represents the change in Under Construction Businesses/evelopments in the Upper King reet Corridor Include: - Pacific Box and Crate - Hyatt Place Charleston - The Ordinary - Elan Midtown - arbucks - SkyGarden Apartments King reet (mixed-use development) The planned linear park will be flanked by King and Meeting reets, stretching along the spine of the peninsula from Woolfe reet to just north of Mt. Pleasant reet 1.6 Miles 15
7 Aerial owntown Charleston Activity Courier Square NoMo 430 Beds (Off-Campus udent Housing) East Central Lofts Expansion Underway: 7 ories. 264 Units with 387 P Spaces East Central Lofts Underway (72 Units), t 0 EB GREYSTAR COURIER SQUARE OFFICE BUILING e Me ay Project atus ESIGN EVELOPMENT September 26, Enter address here Port of Charleston Columbus reet P 0V g tin Courier Square The Cigar Factory Anchor: Garden & Gun 28,0 SF Grace Boutique Hotel Underway: 50 Rooms with 5,780 SF Restaurant/2,0 SF Retail, 55 S 8, 7 0 9,9 e Av The Citadel 83,8 V P Meeting at Jackson & Lee Underway: 5 ory Mixed-Use. 128 Units with 208 P Spaces & 11,2 SF Office g in K y hle As e Av ge t le d Ru Hampton Park 17 Element by Westin - Aloft Planned: ual-branded. 170 Rooms. arwood Flags. ETA 2017 Cooper River Hyatt House - Hyatt Place ual-branded Hotel. 304 Rooms Crosstown Plaza Two Towers with Central Courtyard (Planned: 5 ories. 60 Units.) SEAMON WHITESIE 501 Wando Park Blvd Suite 2 Mt Pleasant, SC tel: ESIGN WORKS 205 1/2 King reet Charleston SC tel: MOORE LINER ENGINEERING INC 250 N. Trade reet Suite 206 Matthews, NC tel: LS3P ASSOCIATES LT. 227 West Trade reet Suite 7 Charlotte, NC tel: JORAN SKALA ENGINEERS 4601 Charlotte Park rive Suite 1 Charlotte NC tel: JORAN SKALA ENGINEERS 4601 Charlotte Park rive Suite 1 Charlotte NC tel: JORAN SKALA ENGINEERS 4601 Charlotte Park rive Suite 1 Charlotte NC tel: Homewood Suites by Hilton 139 Rooms Proposed Mixed-Use evelopment ewberry Hotel Four-ar Hotel with 161 Rooms Marion Square Marion Square Millenium Mixed-Use Retail Redevelopment/Renovation (King & Calhoun) oun Calh Hotel at Concord Park Proposed: 1 Rooms. ETA arwood Tribute Flag 10 WestEdge Underway: 350 Apartments with Publix (890 Parking Spaces) Luxury Hotel at Marion Square Underway: 8 ories. 185 Rooms. 96 President Proposed: Mixed-Use: 63 Units with 82 Parking Spaces Medical University of SC Bennett Hospitality at 246 Spring. Proposed: 5 ories. Former Arby's. Boutique Hotel at 475 & 483 King Proposed: Mixed-Use on nn Ca SC Aquarium t,6 19 S ng ng Ki ri Sp West Elm Charleston Fire Tower Boutique Hotel at HoM Planned: 4 ories. 24 Units. P 56,8 JORAN SKALA ENGINEERS 4601 Charlotte Park rive Suite 1 Charlotte NC tel: Ascend 5 ories. 54 Rooms Brittlebank Park 17 0V WestEdge Research istrict 22 WestEdge Planned: 151,0 SF Office/Research Building (8 ories) LANSCAPE STRUCTURAL ARCHITECTURAL FIRE PROTECTION PLUMBING MECHANICAL ELECTRICAL 9 18, Harmon Field Holiday Inn Rooms 0 9,5 Caroline at WestEdge 237 Apartments with Ground Floor Retail (1,2 Parking Spaces) Elan Midtown Mixed-Use eveloment (reet-level Commercial) CIVIL College of Charleston T Bank Arena Galliard Center Port of Charleston Union Pier Hotel at 115 Calhoun Underway: 46 Rooms Map Updated: Monday, October 05, This information submitted is not guaranteed. Although obtained from reliable sources, all information should be confirmed prior to use or reliance upon the information. This document may not be reproduced in whole or in part without the express written consent of NAI Avant. owntown Charleston South Carolina 16
8 emographics Intersection of Meeting & Columbus reets 1 Mile 3 Miles 5 Miles 1 Mile 3 Miles 5 Miles 1 Mile 3 Miles 5 Miles Population 2016 Age istribution Median Household Income 2010 Census 20,158 43, , % 5.0% 5.7% 2016 Estimate $28,546 $39,3 $48, Estimate 21,711 47, , % 3.6% 5.0% 2021 Projection $28,583 $42,418 $54, Projection 23,325 51, , % 3.1% 4.5% % Chg % 7.6% 7.7% % 11.2% 7.3% Average Household Income % 21.1% 12.2% 2016 Estimate $49,048 $72,684 $76,739 Households % 15.3% 15.9% 2021 Projection $52,911 $79,274 $84, Census 7,888 18,232 52, % 8.3% 11.2% 2016 Estimate 8,655 20,024 57, % 9.5% 12.4% Per Capita Household Income 2021 Projection 9,451 21,816 61, % 10.2% 11.8% 2016 Estimate $21,864 $32,120 $33, % 6.5% 7.2% 2021 Projection $23,648 $35,191 $37,367 Families % 4.3% 4.6% 2010 Census 2,727 7,677 27, % 1.9% 2.2% 2016 Household Income ist Estimate 2,854 8,180 28,953 Less than $15,0 29.3% 22.1% 16.1% 2021 Projection 3,045 8,774 31,079 Median Age $15,0 - $24, % 12.1% 10.7% 2010 Census $25,0 - $34, % 11.3% 10.5% 2016 ist. by Race & Ethnicity 2016 Estimate $35,0 - $49, % 12.6% 13.5% White Alone 58.4% 67.6% 70.1% 2021 Projection $50,0 - $74, % 13.0% 16.4% Black Alone 37.6% 28.7% 26.0% $75,0 - $99, % 8.4% 10.2% American Indian Alone 0.2% 0.2% 0.2% Average Household Size $1,0 - $149, % 8.8% 11.0% Asian Alone 1.5% 1.6% 1.4% 2010 Census $150,0 - $199, % 4.1% 4.9% Pacific Islander Alone 0.0% 0.0% 0.1% 2016 Estimate $2,0 and Up 3.5% 7.5% 6.7% Some Other Race Alone 0.5% 0.5% 0.7% 2021 Projection Two or More Races 1.6% 1.5% 1.5% 2016 Business ata Hispanic Origin (Any Race) 1.7% 1.8% 2.2% 2016 Housing ata Total Businesses: 1,780 4,795 10,068 Owner Occ. Housing Units 2,153 8,178 29,045 Total Employees: 50,603 91, ,626 Renter Occ. Housing Units 6,502 11,847 28,045 17
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