124 Spring St
124 Spring St, Charleston, SC 29403, USA

· Commercial Rental

124 Spring Commercial Restaurant Space Available $35/sf NNN-

Built-to-suit restaurant space available in the heart of the Cannonborough-Elliotborough neighborhood.

The space includes 1,500 square feet of heated space and 300 square feet of outdoor seating in the new Sanctuary Court development. There is an opportunity for additional storage space (7’x10’x8’) outside the rear door the restaurant space. The zoning allows for limited business uses which must be operated between 7am and 11pm, 7 days of the week and with the conversion of Spring Street into a 2-way traffic street, there has been a significant increase in foot traffic.

There is a 1000-gallon underground grease trap installed and stubbed into the space along with a 1 ¼” natural gas service, 2” water service, sanitary sewer service, sprinkler service with heads, a 400-amp electrical service and dumpsters/trash removal. There are exterior wall openings through the CMU walls to accommodate all mechanical/hood systems needed.

There have been tentative kitchen plans and restaurant layout plans created, but the interior construction has not begun allowing for a potential built-to-suit restaurant space. The exterior displays enormous aluminum clad windows to provide natural light along Spring street and Sanctuary court.

Sanctuary court was created in way that mimics other historic courts in Charleston. The use of brick pavers throughout the street and along the exterior porch walkway combined with sconce lighting along the exterior make for a beautiful open space outside the restaurant.

The lease terms require that the lessee constructs the interior space at their cost. The lessor will provide a significant upfit allowance to cover the concrete slab work, insulation, drywall and HVAC equipment.