Apr
20

Summerville Retail Center Sold for $433/SF

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sold sign56A seven-tenant retail building across from the Azalea Square Shopping Center in Summerville was recently sold for $5.2 million, according to the real estate firm that represented the seller.

The Shoppes at Azalea, a nearly 12,000-square-foot building, was fully leased to Moe’s Southwest Grill, Chicken Salad Chick, Great Clips, UltraSkin, TCBY, Which Wich and Noodle Nerd when it was purchased by a family partnership based in New York. The company name was not disclosed.

Mark Cothran, president of Greenville-based Cothran Properties LLC, sold the newly built facility and was represented by Andrew Margulies, associate vice president of Marcus & Millichap. The commercial real estate investment service firm has nearly 80 offices in the United States and Canada, including a site on King Street in downtown Charleston and on Main Street in Columbia.

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Categories : Charleston, Summerville

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