0 Grafton Street,Mount Pleasant, SC

0 Grafton StreetMount Pleasant, SC

Bennett Hospitality, the owner, has been a leader in the Charleston hospitality industry for over 40 years, and has developed some of the most iconic hotels and restaurants in the Southeast. Founded in Charleston, the development entity still owns and operates a number of iconic assets in Charleston, including a new hotel on Marion Square. The hotels and common elements are sure to attract a visitor base that is 24 hours a day. Office Over 200,000 square feet of Class A office space is planned for the site. The Class A office space will feature the best views in Charleston, featuring sweeping views of Peninsular Charleston, the Harbor, and the Arthur Ravenel Jr. Bridge. The First Building is 120,000 Square Feet, and broke ground in April of 2018. Serendipity Labs is a lead tenant in the building. An eclectic mix of retail, restaurants, and service providers with local and national brand recognition will ensure Ferry Wharf is a special attraction that drives sales and foot traffic. The subject retail space is on the bottom floor of a planned 76 room boutique hotel.

Info

City NameMount Pleasant
CountyCharleston
StateSC
Property TypeRetail
Postal Code29464
Status Active
Parcel Number 517-00-00-245
Title Ferry Wharf on Charleston Harbor
Year Build 2019
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Listed by: Realty Link Commercial LLC

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.

TheUnderwriting

Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.