1902 Reynolds Avenue

Strategically located along Reynolds Avenue, an established commercial corridor in North Charleston, near the highly desirable Park Circle area and former Charleston Naval Base.NAI Charleston is please to present 1902 Reynolds Avenue, a ±2,575 SF freestanding Retail/Convenience store. This property presents an investment opportunity offering a stable, long-term income stream with a 10-year lease in place through August 31, 2032, providing approximately six years of remaining term at a current rental rate of $5,500 per month. The lease includes two five-year renewal options, offering the potential for occupancy through 2042, with 10% rental increases to $6,050 and $6,655 per month, respectively. The lease structure provides limited landlord responsibilities, with the tenant responsible for utilities and nearly all maintenance and repairs. The combination of contractual rent growth, long-term occupancy potential, and minimal ownership obligations makes the property an attractive opportunity for investors seeking durable cash flow.