Hot Properties, Aug. 22

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Hot Properties highlights recently sold or leased commercial properties in the Charleston region. Send in your transactions using our online form.

The Net Lease Group announced the sale of a 15,820 square-foot Flowers Foods facility in North Charleston for $4,250,000. At the sale, the tenant had a remaining lease term of 6.5 years to Derst Baking Co., a wholly owned operating subsidiary of Flowers Foods Inc. Flowers Foods generated 2021 sales of $4.33 billion through a nationwide network of 47 bakeries that operate as wholly owned subsidiaries. Flowers’ mix of brands includes Nature’s Own, Wonder Bread and Sunbeam, along with organic brands Dave’s Killer Bread and Alpine Valley Organic.

NAI Charleston facilitated the sale of a free-standing retail building in McCauley Square, located at 5086 Sunset Blvd. in Lexington. The property was 100% occupied and leased under triple net terms to Konnichiwa restaurant and H&R Block.  The seller, TW Investments LLC, was represented by Dexter Rumsey of NAI Charleston. The property was sold for $1.36 million.

Jordan Blanton of GCB Real Estate & Investments LLC represented Blanton Building LLC in the sale of 9,065 square feet of office space at 3262 Landmark Drive, North Charleston to 3262 Landmark Drive Holdings LLC for $900,000. Ryan Welch of Lee & Associates represented the buyer.

Steve Hund of Coldwell Banker Commercial Atlantic represented the buyer, Queen Street Hospitality, in the sale of 900 square feet of office space at 102 Wappoo Creek Drive in Charleston.

Hannah Kamba and Tim Rowley of Coldwell Banker Commercial Atlantic represented the tenant in the lease of 1,600 square feet of retail space at Moncks Corner Market Place in Moncks Corner.

Robert Pratt of Re/Max Pro Realty represented the buyer, Robert L. Pratt LLC, in the sale of 1,428 square feet of triple-net leased Take 5 Auto Center space at 470 N. Highway 52 in Moncks Corner from 470 N Hwy 52 LLC for $2,175,000. Britt Raymond and Kyle Fant of SRS National Net Lease Group represented the seller.

Hannah Kamba and Tim Rowley of Coldwell Banker Commercial Atlantic represented the tenant, Marcos Pizza, in the lease of 1,400 square feet of retail space at Moncks Corner Marketplace in Moncks Corner.

Hannah Kamba and Tim Rowley of Coldwell Banker Commercial Atlantic represented the tenant, Kingsman Barbershop, in the lease of 1,200 square feet of retail space at Moncks Corner Marketplace in Moncks Corner.

Keith Mayfield and Phil Rose of Twin Rivers Capital LLC represented the landlord, Twin Rivers Capital LLC, in the lease of 100 square feet of office space at 835 Savannah Highway, West Ashley, to Captive Aire Commercial Ventilation Technologies.

Matt Pickard, Chloe Heiligenstein and Mark Erickson of Colliers represented Collett Industrial in the purchase of 27.5 acres of land on Jedburg Road in Summerville.

Markus Kastenholz of Colliers represented Kuznik Trust in the sale of a .24-acre lot at 2547 Etiwan Ave. in Charleston to Charleston STR Owner LLC.

Keith Mayfield and Phil Rose of Twin Rivers Capital LLC represented the landlord, Landlord ALFA LLC, in the lease of 1,086 square feet of retail space at 184 East Bay St. to Destination Travel.

Trey Lucy and Blair Belk of Belk Lucy represented the landlord in the lease of 1,554 square feet of retail space at 320 W. Coleman Blvd., Suite G2, in Mount Pleasant to One Stop Sports. Joyce Beach of CBRE represented the tenant.