THE PROMENADE AT NORTHWOODSA 274,200 SF REGIONAL SHOPPING CENTER
NORTH CHARLESTON, SOUTH CAROLINA
FOR LE ASING INFORMATION CONTACT:Stephanie LippLeasing RepresentativeP: 704-625-7626 C: [email protected]
TABLE OF CONTENTS
The Promenade at Northwoods is a 274,200 SF regional shopping center located in North Charleston, South Carolina. Built in 1987 and renovated in 2013, the shopping center is located across the street from (and shares two stoplights with) Northwoods Mall, the leading mall of the greater Charleston MSA.
The Promenade at Northwoods is surrounded by major retail, employment centers, education, residential communities, and excellent road networks/connectivity within the Rivers Avenue retail node of North Charleston.
THE PROMENADE AT NORTHWOODS OVERVIEW
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
6 -14K SF AVAILABLE
FORMER RESTAURANT 3,500 - 4,900 SF
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
PROPERTY PHOTOS
INTERSTATE
26
INTERSTATE
26
INTERSTATE
526
52
5278
78
17
17
CITADEL MALL
AZALEA SQUARE
MT. PLEASANT TOWN CENTER
MT. PLEASANT
WEST ASHLEY
SUMMERVILLE
CHARLESTON
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
CHARLESTON RETAIL MARKET
SURROUNDING RETAILProperty Name Size Major Retail TenantsNorthwoods Mall 870,000 Belk, Dillards, JC Penney, Sears
Northwoods Market Place 271,907 Best Buy, Michaels, Old Navy, Rooms to Go, Big Lots
North Pointe Plaza 373,996 Walmart, Petco, Rooms to Go Kids, AC Moore
North Rivers Town Center 141,463 Target, Ross, Bed Bath & Beyond
MAJOR ROAD NETWORKSRivers Avenue The property is located along the highly trafficked Rivers Avenue
(43,000 VPD) and shares two signalized intersections with Northwoods Mall.
Interstate 26 The property runs parallel to I-26, a major East/West Interstate serving the state of South Carolina.Connections to Rivers Avenue from I-26 (Eastbound & Westbound) are located contiguous to the property.
DEMOGRAPHICS3 Mile 5 Mile 10 Mile
Population2018 Projection 62,432 143,688 367,097
2013 Estimate 57,297 133,922 338,180
Growth 2013–2018 8.96% 7.29% 8.55%
Daytime Pop (2013 est.) 26,427 63,297 137,033
Avg HH Income (2013 est.) $55,617 $57,140 $61,492
MAJOR EMPLOYMENT / EDUCATIONEmployer Product / Service No. of Employees /
StudentsJoint Base Charleston Area U.S. Military Commands 22,000 (+12,000
auxiliary jobs)
Boeing South Carolina Aircraft Manufacturing 8,200
Trident Health System Hospital System 2,500
Charleston Airport Airport 1,200
Mercedes-Benz Van 1 Automobile Manufacturing 1,300
Volvo 1 Automobile Manufacturing 2,000
Trident Technical College Education Center 12,000
Charleston Southern University
Education Center 3,300
1 Recently announced plans for manufacturing facilities employing 1,300 (Mercedes-Benz) and 2,000 (Volvo).
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
MARKET OVERVIEW
INTERSTATE
26
INTERSTATE
526
52
78
3 M
ILE
RAD
IUS
3 M
ILE
RAD
IUS
3 MILE R
ADIUS
3 MILE R
ADIUS
Charleston Southern University3,300 Students
Trident Technical College12,000 Students
Trident Medical Center2,500 Employees Air Force / Navy Base
22,000 Employees
Naval Weapons Station11,500 Employees
Charleston Int’l Airport1,200 Employees
8,200 Employees
Mercedes Benz1,300 Employees
NORTHWOODS MARKET PLACE
NORTH POINT PLAZA
NORTH RIVERS TOWN CENTER
NORTHWOODS MALL
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
RETAIL COMPETITION MAP
52
78
INTERSTATE
26
NORTH RIVERSTOWN CENTER
NORTHWOODSMARKETPLACE
NORTH POINT PLAZA
ASHLEY PHOSPHATE ROADASHLEY PHOSPHATE ROAD
RIVERS AVENUE (43,000 VPD)
RIVERS AVENUE (43,000 VPD)
Goose Creek Reservoir
NORTH POINT INDUSTRIAL PARKNORTH POINT INDUSTRIAL PARK
NORTHWOODS MALL
Charleston Southern University
3,300 Students
Trident Technical College12,000 Students
Trident Medical Center2,500 Employees
Crowfield Plantation$150K-$900KApprox. 3 1/2 mi. fromThe Promenade at Northwoods
Park Hill Place, Northwood Estates,Northwoods Pointe, Oak Bluff
$100K-$200K
Eagle Landing, Otranto,Indigo Island Reserve
$150K-$375k
Kennsington,St James Estates,
Carlton Place$100K-$250K
Laurel Hill$150K-$275K
Tanner Plantation$150K-$550K
Pineview Acres$100K-$200K
Goose CreekPrimary School
Goose CreekHigh School
HanahanElementarySchool
SedgefieldMiddle School
Air Force / Navy Base22,000 Employees
Naval Weapons Station / Strategic Weapons Facility11,500 Employees
Charleston Int’l Airport1,200 Employees
8,200 Employees
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
RESIDENTIAL
INTERSTATE
26
AERIAL
ASHLEY PHOSPHATE ROAD
ASHLEY PHOSPHATE ROAD
FROM I-26
FROM I-26
RIVERS AVENUE (43,000 VPD)
RIVERS AVENUE (43,000 VPD)
PYLON
PYLON
PYLON
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC
ZOOMED-IN AERIAL
MARKET DOMINANT LOCATION• Directly across the street from the
Highest Grossing Mall in Region
• Shares Two (2) stoplights with Mall
• Three (3) Points of Ingress/Egress
• Three (3) Pylon Signs
NORTH CHARLESTON, SCNorth Charleston, the 3rd largest city in South Carolina, is highly accessible and centralized among the region. This City, also known as the “Hub of the Lowcountry”, continues to grow at an extraordinary rate. It is important to note that North Charleston has led the State in retail sales for 21 consecutive years.
The City of North Charleston continues to drive the State’s economy as the epicenter of business development, offering a business friendly community, rich with incentives to allow companies to compete on a global scale. Its young, highly skilled workforce attracts diverse industries, such as aerospace, automotive, aviation, bioscience, defense, renewable energy, financial services, and information technology. The Charleston lifestyle has been discovered, with a steady stream of newcomers boosting the region’s population to more than 725,000. Charleston now teems with college-educated young people, 20- and 30-somethings who have come for the jobs and stayed for the lifestyle as reported by USA Today. Many of these new residents are highly educated and seeking employment. Many others bring with them thriving businesses of their own. All add to the unique flavor and energy of this historic coastal city.
In 2009, Boeing needed to establish a second final assembly line for its 787 Dreamliner as orders for the plane increased. The company needed a place with top-notch infrastructure, a business-friendly climate and a skilled workforce. With those things in mind, Boeing chose South Carolina for the project in November of that year. In making the announcement, Boeing committed to invest hundreds of millions of dollars and create upwards of 4,000 new jobs at the facility. In addition to aviation, Charleston is becoming a prime location for information technology jobs and corporations and has experienced
the highest growth in this sector between 2011 and 2012 due in large part to the Charleston Digital Corridor. In 2013, the Milken Institute ranked the region the ninth best performing economy in the US due in large part to the growing IT sector. Notable companies include Blackbaud, SPARC, BoomTown,CSS and Benefitfocus.
In 2013, Conde Nast Traveler wrote of the city, Is it the cobblestone streets? The colorful, historic row homes? The fantastic food? Whatever it is, Charleston’s got everyone thoroughly charmed once again. For the third consecutive year, Charleston’s been voted the No. 1 city in the United States in our Readers’ Choice Awards
(in which nearly 80,000 of you voted). It doesn’t end there: Charleston also clocks in at No. 5 on our list of Best Cities in the World (last year it topped the list at No. 1).
Higher education is also an important sector in the local economy, with institutions such as the Medical University of South Carolina, College of Charleston, The Citadel, The Military College of South Carolina, and Charleston School of Law. Charleston is also an important art destination, named a top 25 arts destination by AmericanStyle magazine.
North Charleston is in close proximity to major roadways, including I-26, I-526, and I-95, rail lines transporting both freight and passengers, and an international airport. The Port of Charleston, owned and operated by the South Carolina Ports Authority, is one of the largest ports in the U.S. Despite occasional labor disputes, the port is ranked number one in customer satisfaction across North America by supply chain executives.
South Carolina state flag
THE PROMENADE AT NORTHWOODS, NORTH CHARLESTON, SC