THE PREMIER EAST CENTRAL RETAIL LOCATION UP TO 6,000 SF FOR LEASE 60 MEETING STREET, DOWNTOWN CHARLESTON, SC WILL SHERROD, CCIM Principal 843.747.2292 WSherrod@Lee-Associates.com 960 Morrison Drive, Suite 400 Charleston, SC 29403 843.747.200 lee-charleston.com
The area of Upper King and Meeting north of Calhoun Street will become the most dense area of the state. -Jacob Lindsey, City of Charleston Live, work and play Meeting Street Lofts will be a 264 unit apartment project with approximately 6,000 square feet of street front retail space along Huger and Meeting Streets. Retail storefronts from approximately,0 square feet up to 8,352 square feet of contiguous space. 20 interior ceilings and beautiful steel and glass exterior storefronts will give a striking presence along both Meeting and Huger Streets. On-site parking with 3 spaces per,000 square feet, which is nearly impossible to find in downtown Charleston. Suites to be delivered June 208. With a 78 room dual branded Westin hotel breaking ground in 208 across Meeting Street from the project and nearly,400 planned apartments in the immediate area, the upper Meeting Street area is poised to explode with new growth and opportunities for retailers looking for affordable space on the peninsula of Charleston. Take advantage of the 8,000+ cars per day on Meeting Street and direct access to and from Mount Pleasant (92,700 cars/day) on the Ravenel Bridge. Spaces to be delivered in a warm shell condition with generous TI allowances available. Pet friendly community Located on the upper peninsula of downtown Charleston Covered parking with 2 level structured parking 4.8 million visitors annually to Charleston 3,000 multifamily units planned downtown & adjacent to the site *Image represents conceptual design of building. Subject to change without notice. -3-
CHARLESTON, SC PENINSULA A bold & dynamic new loft community Wagener Terrace Neighborhood Upper Peninsula/ NoMo Lorelei To Mount Pleasant THE PERFECT SETTING FOR RETAIL Hampton Park KING ST Low Line MEETING ST ACCESS & VISIBILITY Easily accessible from I-26, King and East Bay Streets. Once Spring Street becomes two-way traffic, the corner of King and Spring will become a main intersection on the Peninsula. AFFLUENT DEMOGRAPHICS Centrally located to multiple residential areas which are seeing increasing prices in homes. PROXIMATE TO PEOPLE Located close to two of the most prominent developments on the Peninsula, Courier Square and Midtown, together featuring over 27,000 SF of commercial space, 304-room hotels and 465 apartments. GREEN SPACE NEARBY Just blocks away is a 2-acre planned city park and the Lowcountry Low Line, a.7-mile pedestrian-friendly path stretching from the Upper Peninsula to Marion Square. AND MORE PEOPLE Well positioned to capture the growth from the Upper Peninsula, an area that is booming with new tech/office space, multifamily and hotel product. UPPER KING Part of the Upper King District, a vibrant mix of hotels, retailers, restaurants, offices, and residences - a true live, work and play. The Citadel Joe Riley Stadium To West Ashley To James Island WestEdge Hampton Park Neighborhood CROSSTOWN Medical District SPRING ST CANNON ST CALHOUN ST Courier Square MILE Midtown King Street Shopping College of Charleston Marion Square Southeast Side Neighborhood E BAY ST BROAD ST Wraggorough Neighborhood Gaillard Performance Hall City Market Concord Terminal -5- -4-
60 MEETING STREET AERIAL HUGER STREET Approved Apartments 250 Units
VISITORS PER YEAR 5.MILLION & GROWING AVG. HOME SALE PRICE $675,000 *As of YTD January 208 POPULATION & GROWING 745K NEW HOTEL ROOMS BEING BUILT BY END OF 208 4,000 NEW JOBS REPORTED JUST IN 208 22,000 207 DEMOGRAPHIC PROFILE 20 Minutes 0 Minutes 5 Minutes PENINSULA TRADE AREA 5, 0, 20-Minute Drive Time Map Peninsula Trade Area 20-MINUTE DRIVE TIME CHARLESTON MSA POPULATION Population 35,757 292,75 848,927 Projected Population (2020) 37,896 38,698 94,280 Projected Annual Growth (205-2020).5%.72%.49% Median Age 29.9 36.2 37.4 HOUSEHOLDS Households 4,55 23,080 336,385 Projected Households (2020) 5,632 34,45 363,852 Projected Annual Growth (205-2020).44%.65%.58% INCOME Average Household Income $59,675 $77,094 $66,63 Projected Average Household Income (2020) $67,46 $87,60 $75,92 Projected Annual Growth (205-2020) 2.87% 6.9% 2.06% DAYTIME DEMOGRAPHICS Total Businesses 4,55 6,696 36,048 Total Employees 93,07 29,64 395,390 People, Place, Opportunity The Charleston Peninsula has a population of approximately 35,000 people. Some of the region s most sought after real estate is on the Peninsula with affluent average home prices and it s growing. Charleston s MSA increases by approximately 43 people per day. Home prices continue their increasing trend with the average home selling for approximately $. million in 206. More than 3,000 multifamily units are coming online over the next year. Daytime demographics are more favorable as many tourists, students and a large commuting workforce populate the city. Charleston s history and charm, coupled with it s James Beard award-winning, chef-driven restaurants and excellent shopping, keeps the Peninsula the prime destination of both locals and tourists. -9- BEST SOUTHERN CITY IN THE U.S. 208 Southern Living Magazine # Conde Nast Traveler OVERALL CITY IN U.S., 208 # WORLD S BEST CITY TO RETIRE AARP RANKED IN TOP 0 SMARTEST CITIES IN THE WORLD Forbes WHERE THE MOST #25 EDUCATED MILLENNIALS LIVE Brookings BEST SMALL U.S. CITY National Geographic # 207 BEST CITY IN AMERICA FOR ECONOMIC OPPORTUNITY Yelp PERFORMING CITY IN U.S. Milken Institute MOST DYNAMIC CITIES 5AMERICA Worth Magazine Source: Charleston Regional Development Alliance
2 N Wagener Terrace Residential 4 3 More people are populating Charleston More than 3,000 multifamily units are coming online in the next year to accommodate demand. Nearly,000 keys are in the pipeline as Charleston continues to be a favorite travel destination among tourists. The majority of new multifamily and hotel development is within a half-mile of Meeting Street Lofts. DEVELOPMENT PIPELINE Hotel MAP ADDRESS KEYS Aloft & Element 74 2 Grace Hotel 45 3 The King Hotel 46 4 The Firetower Hotel 24 5 Homewood Suites 65 6 Bennett Convention 300+ 7 The Bennett Hotel 79 8 5 Calhoun 50 9 Tribute Hotel 00 0 20 Spring Street 69 Home2Suites 29 TOTAL 28 Multifamily MAP ADDRESS UNITS 074 N. Morrison TBD 2 07 Brigade Phase II 225 3 07 Brigade Phase I 275 4 55 Romney 220 5 60 Meeting 264 6 287 Huger 98 7 528 Meeting 28 8 5 Meeting 22 9 40 Line TBD 0 465 Meeting 226 Sky Garden 0 2 655 E Bay 72 3 82 Mary 33 4 90-98 Spring 60 5 382 Spring 350 6 0 Fishburne 230 7 595 King* 74 8 300 Broad* 225 *Not represented on map. TOTAL 2,9+ 5 6 The Citadel MILE WestEdge 0 Hampton Park 4 MUSC / Medical District CALHOUN ST 0.5 MILES RUTLEDGE AVE CROSSTOWN SPRING ST CANNON ST KING ST 3 5 9 College of Charleston 6 MEETING ST 8 7 0 2 4 5 6 3 7 Marion Square 8 E BAY ST 2 9 Concord Park
MEETING STREET, CHARLESTON Downtown s residential revival INTRODUCING MEETING STREET LOFTS NEWEST LUXURY RESIDENCES & RETAIL Its architecture is both a homage to bygone industrial days and a welcome new vision for the future of the district. Inside, you ll find stunning studio, one and two bedroom plans with elegantly modern features and finishes. Outside, it all comes together with beautiful courtyards and amenity spaces designed to inspire and indulge. The result is a vibrant, inclusive, inspiring community atmosphere like nothing else in the district. And with over 5,000 square feet of on-site retail, almost everything you need is right at your doorstep. -3- -2-
Day and night neighborhood appeal Great visibility on all sides Meeting Street Lofts Apartments embody the vibrant and unique lifestyle of downtown Charleston s Upper King Street hotspot neighborhoods. Situated in a prime locale, residents enjoy immediate walking access to restaurants, bars, shops, and entertainment options. Just minutes from the heart of Charleston, the area around Meeting Street Lofts is full of character, local flavor, and recent high tech influence. The community is also a straight shot off of the Peninsula to places like Mt. Pleasant and West Ashley and is less than 20 minutes from a number of amazing beaches! Thriving nightlife, cultural treasures, growing business district, and countless new experiences are all at your fingertips at Meeting Street Lofts Apartments.
Project details MEETING STREET ELEVATION FLOOR P L A N LEASED! LEASED! SUITE 20 GARAGE PARKS 92 (PARKS 292 ABOVE) SUITE 30 SUITE 40 LEASED! HUGER STREET ELEVATION ADDRESS SIZE LEASE RATE Suite 00,289 SF LEASED! Suite 0,495 SF LEASED! Suite 20,496 SF $38.00/SF NNN ($0.00/SF) Suite 30,493 SF $38.00/SF NNN ($0.00/SF) Suite 40,478 SF $38.00/SF NNN ($0.00/SF) Suite 50,0 SF LEASED! Suite 60,533 SF $38.00/SF NNN ($0.00/SF) Suite 70 3,264 SF $38.00/SF NNN ($0.00/SF) SUITE 90 SUITE 70 SUITE 60 Suite 90 3,4 SF $35.00/SF NNN ($0.00/SF) -7- -6-
RETAIL SITE PLAN RETAIL FLOOR PLAN,289 SF LEASED! LEASED!,495 SF,496 SF,493 SF MEETING STREET LEASED!,478 SF,0 SF 2,047 SF 3,4 SF 2,750 SF HUGER STREET -9- -8-
MEETING STREET KING STREET SEPTIMA CLARK PKWY MEETING STREET HUGER STREET KING STREET HUGER STREET APARTMENTS UNDER CONSTRUCTION (250 UNITS) MEETING STREET
R-00C THE LOWCOUNTRY LOW LINE SUITE 00 Phase I Phase II Walking Path to Ravenel Bridge.7 mile Linear Park $ $25M Construction Budget.5 mile Significant Social Infrastructure Supporting $4.8 Billion ECONOMIC OUTPUT $90 Billion ADDITIONAL TOURISM CONNECTIVITY TO RAVENEL BRIDGE QUALITY OF LIFE X.A X.A.7 X.B RETAIL TRASH -22- *Floor plan is subject to change without notice. 3' -23-0" 5' - 5" X.B ' - 0 7/8" 6' - 5 /4" STORE FRONT X.2.8 X.A 60 MEETING STREET 5' - 5" Charleston, SC 6' - 0" 4' - 6 3/4" 3' - 0" 0' - " 8" 4' - 8" 0' - " 4' - 8" X.4 DATE 8" PROJECT # 56' - 6".22.207 0439,289 SF 42' - 3 /8" 27' - 0 /4" X.7 X.4 7' - 0" 8' - 0" SET RETAIL LOD 7' - 2" STORE SIDE 24' - 5 5/8" SHEET /8" = '-0" X.7 STE 00 - FLOO 3 3/4" THIR SECON R- RETAIL GROUN 2' - /4" NOTE: TENANT RESPONSIBLE FOR SUITE 00
SUITE 0 SUITE 0 SUITE 20 X.C 56' - 5 /8" 25' - 6",495 SF,496 SF 26' - 0" R-20 56' - 5 /8" X.C X.B X.D X.D X.C STORE FRONT STORE FRONT X.4 X.7 5' - 5" 0' - " 8" 4' - 8" 7' - 0" 60 MEETING STREET Charleston, SC PROJECT # 0439 6' - 0" 4' - 6 3/4" ' - 8 7/8" 5' - 2 3/4" 6' - 0" *Floor plan is subject to change without notice. -24- *Floor plan is subject to change without notice. -25- ' - 0 7/8" 2' - /4" ' - 5 /8" 2' - /4" ' - 5 /8" 5' - 5" 0' - " 8" 4' - 8" DATE.22.207 SET RETAIL LOD 7' - 0" SHEET STE 20 - FLOO /8" = '-0" R-
SUITE 30 SUITE 40 56' - 5 /8" X.E 85.80 55' - 0 5/8" 26' - 0",493 SF R-30B,478 SF 26' - 6" R- 94.20 53' - /4" X.E X.D X.F X.F X.E 55' - /8" STORE FRONT STORE FRONT 0' - " 8" 4' - 8" 60 MEETING STREET 5' - 5" Charleston, SC X.4 DATE.22.207 PROJECT # 0439 6' - 0" 4' - 2 3/4" ' - 7 /8" *Floor plan is subject to change without notice. ' - 6 7/8" 3' - /4" SET 7' - 0" RETAIL LOD X.7 SHEET STE 30 - FLOOR PLAN /8" = '-0" R-30A 0439-26- *Floor plan is subject to change without notice. -27- SUITE 30 24.2 5' - 5" 0' - " 8" 4' - 8" 60 MEETING STREET Charleston, SC X.4 DATE.22.207 PROJECT # ' - 0 7/8" 5' - 2 3/4" 6' - 0" SUITE 40 SET RETAIL LOD 2' - /4" ' - 9 /8" 7' - 0" X.7 SHEET STE 40 - FLO /8" = '-0" R
85.80 53' - 0 7/8" SUITE 50 X.G.9 NOTE: OUTDOOR SEATING AREAS MUST FOLLOW THE 200 ADA STANDARDS FOR ACCESSIBLE DESIGN GUIDELINES TO ENSURE PROPER PUBLIC ACCESS PATHWAY. USABLE OUTDOOR AREA SUITE 60 0 /8" R-60C ' - 3" 6' - 5 5/8" 26' - 6 /2",0 SF R-50B X.F.6 28' - 0 /2" 54' - 5" 2,047 SF 39' - 5 3/4" R-60B STORAGE FD STAIR 9' - 3" X.I 85.80 5' - 5" 0' - " 8" 4' - 8" X.G. X.G X.F.6 STORE FRONT 60 MEETING STREET Charleston, SC 3' - 0" 4' - 6 3/4" 6' - 0" *Floor plan is subject to change without notice. X.F X.4 DATE.22.207 PROJECT # 0439 2' - /8" ' - 5 /4" 7' - 0" 5' - 5" SET 0' - " 8" 4' - 8" R-50C RETAIL LOD STORE SIDE SHEET /8" = '-0" X.7 X.7 6' - 3 /2" 0' - 0" 4' - 6" X.J 7' - 0" X.G. STE 50 - FLOOR PLAN R-50A TELECOM -28- -29-8' - 3" 2' - 8" 5' - 4" 8" 9' - 7" X.J X.I 8' - 5 3/4" 7' - 3" STORE FRONT 25 X.3. 60 MEETING STREET Charleston, SC 3' - 0" *Floor 3 5/8" plan is subject to 2' change - 8 3/8" without 2' - 8 5/8" notice. ' - 8" SUITE 60 X.4. DATE.22.207 PROJECT # 0439 X.G.9 8' - 5" 6' - 4" 39' - 4" X.5 SET 7' - 0" X.6 RETAIL LOD 9' - " ' - 0" 8' - 7" 4' - 0" 6' - 4" X.6.4 X.6 5' - 4 3/4" STORE SIDE X.6.4 8' - 0" SUITE 60 X.5 SHEET SECOND STE 60 - FLOOR 7' 3/32" = '-0" 9' - /4" THIRD FLO 27' R- GROUND FLO 7'
23.5 X.3. 26 J 23.4 X.5 SUITE 70 SUITE 90 K CORRIDOR STAIR 2 X.L 2,750 SF 2 0' - 0" 2 R-70C R. R.5 R.2 3,4 SF R-90C S S.3 8' - 0" 0' - 0" 23.9 67' - 3" X.3 24.9 26.5 R-70C 8' - 9 /2" R-70B X.6 20' - 8 /2" NOTE: OUTDOOR SEATING AREAS MUST FOLLOW THE 200 ADA STANDARDS FOR ACCESSIBLE DESIGN GUIDELINES X.J X.K X.J TO ENSURE PROPER PUBLIC ACCESS PATHWAY. R-70B STORE FRONT STORE SIDE STORE FRONT ELEVATION FRONT ELEVATION 2 A6. FRONT R-90B STORE SIDE ELEVATION ONE ELEVATION TWO ELEVATION ONE ELEVATION TWO ELEVATION ONE USABLE OUTDOOR AREA ELEVATION TWO 60 MEETING STREET Charleston, SC SUITE 70 *Floor plan is subject to change without notice. 4' - " 8" 4' - 8" 8' - 7" ' - 0" DATE 0' - 8 /8" 3' - 2" 0' - 8 /8" 3' - 2" DATE SET SHEET 60 MEETING STREET 5' - 8" 8' - 5" ' - 8" 5' - 8" 3' - 0" 8' - 5" ' - 8" 3' - 0" 2' - 3 /4" 2' - 3 /4" SUITE 70 4' - 0 7/8" 4' - 0 /8" 4' - 0 7/8" ' - 3 5/8" 4' - 0 /8" ' - 3 5/8".22.207.22.207 Charleston, SC SUITE 70 SUITE 70 SUITE 70 SUITE 70-30- RETAIL LOD STE 70 - FLOOR *Floor plan is subject PLAN to change without notice. -3- PROJECT # SIDE ELEVATION 4' - " 8" 4' - 8" 7' - 0" 8' - 7" ' - 0" NOTE: TENANT RESPONSIBLE FOR SIDE ELEVATION R.5 8' - 3" 8" R.5 2' - 8" 5' - 4" ' - 0" 8' - 7" 6" X.L 8' - 3" 8" 2' - 8" 5' - 4" ' - 0" 8' - 7" SIDE ELEVATION 2 6" X.KX.L SIDE ELEVATION 2 /6" = '-0" 7' - 0" 6.6 8.3 2 0 0.9 6.6 8.3 0 0.9 7' - 0" NOTE: TENANT RESPONSIBLE NOTE: TENANT FOR RESPONSIBLE FOR MEETING SIGN ORDINANCE MEETING FOR SIGN SIZE ORDINANCE FOR SIZE PROJECT # 0439 7' - 0" GROUND FLOOR 7' - 0" SET 7' - 0" GROUND FLOOR 7' - 0" RETAIL LOD SHEET STE 90 - FLO 3/32" = '-0" TH SECO GROU R
WILL SHERROD, CCIM Principal (843) 747-2292 WSherrod@Lee-Associates.com Disclaimer: This is subject prior to sale, change in price, or removal from the market without notice. The information included in this transmittal, while based upon data supplied by the owners and other sources deemed to be reliable, is not in any way warranted by Lee & Associates.