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123 S Cedar St 1,220 SF of Retail Space Available in Summerville, SC 29483
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,220 SF | Negotiable | $48.82 CAD/SF/YR $4.07 CAD/SF/MO $59,560 CAD/YR $4,963 CAD/MO | Triple Net (NNN) |
1st Floor
Rare free-standing single tenant building in the heart of Historic DT Summerville. The subject property is approximately 1,220 SF, all on a single level, and has previously been occupied for a variety of retail uses. Ample street parking available up and down S Cedar and directly in front of the subject property (there are also 3 off street parking spaces behind the building). The property has excellent visibility on highly traveled S Cedar St, just feet from the lighted intersection of S Cedar and W Richardson. Public (and free) parking garage is just a few hundred feet away on Short Central. D-MX (downtown mixed use) zoning does not require any additional off-street parking to be provided by tenant. D-MX is possibly the most generous zoning in the UDO, allowing for the widest variety of uses. Subject property sits across from the YMCA and is just feet from Bonaire Park at the corner of S Cedar and W Richardson; a first in class in fill development with residential and commercial components, currently slated for a phase 1 delivery in 2026. Bonaire Park will be an extremely upscale mix of town homes, retail and hospitality. Summerville has experienced a population explosion, fueled by a family friendly environment, business friendly administration and phenomenal school district. The demographics are strong and quickly rising, with a plentiful number of existing residential rooftops. Subject property is in the same ''block'' as Hutchinson Square, the current pedestrian hub of Historic Summerville (which will shift towards S Cedar with the addition of Bonaire Park). Hutchinson Square is a beautifully renovated public green space that hosts a wide variety of events throughout the year, including Third Thursday, The Italian Festival, Flowertown Festival, Sweet Tea Festival, Tree Lighting Ceremony, Scarecrows on the Square, Oktoberfest and many other concerts, gatherings and public events. Subject property sits in an opportunity zone and a business/tenant operating as a Qualified Opportunity Zone Business (QOZB) may have tenant improvements owned by the tenant (and used in the business) qualify as Qualified Opportunity Zone Property (QOZP) for the tenant - tenant is solely responsible for consulting an attorney and confirming they're eligible for these benefits. Final lease rate and Tenant Improvement Allowance (TIA) will be dependent on tenant financials, lease term and other determining factors. NNNs for 2026 are currently estimated at $12.50/SF.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,220 SF | Gross Leasable Area | 1,220 SF |
| Property Type | Retail | Year Built | 1986 |
| Property Subtype | Storefront |
| Total Space Available | 1,220 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,220 SF |
| Year Built | 1986 |
About the Property
Rare free-standing single tenant building in the heart of Historic DT Summerville. The subject property is approximately 1,220 SF, all on a single level, and has previously been occupied for a variety of retail uses. Ample street parking available up and down S Cedar and directly in front of the subject property (there are also 3 off street parking spaces behind the building). The property has excellent visibility on highly traveled S Cedar St, just feet from the lighted intersection of S Cedar and W Richardson. Public (and free) parking garage is just a few hundred feet away on Short Central. D-MX (downtown mixed use) zoning does not require any additional off-street parking to be provided by tenant. D-MX is possibly the most generous zoning in the UDO, allowing for the widest variety of uses. Subject property sits across from the YMCA and is just feet from Bonaire Park at the corner of S Cedar and W Richardson; a first in class in fill development with residential and commercial components, currently slated for a phase 1 delivery in 2026. Bonaire Park will be an extremely upscale mix of town homes, retail and hospitality. Summerville has experienced a population explosion, fueled by a family friendly environment, business friendly administration and phenomenal school district. The demographics are strong and quickly rising, with a plentiful number of existing residential rooftops. Subject property is in the same ''block'' as Hutchinson Square, the current pedestrian hub of Historic Summerville (which will shift towards S Cedar with the addition of Bonaire Park). Hutchinson Square is a beautifully renovated public green space that hosts a wide variety of events throughout the year, including Third Thursday, The Italian Festival, Flowertown Festival, Sweet Tea Festival, Tree Lighting Ceremony, Scarecrows on the Square, Oktoberfest and many other concerts, gatherings and public events. Subject property sits in an opportunity zone and a business/tenant operating as a Qualified Opportunity Zone Business (QOZB) may have tenant improvements owned by the tenant (and used in the business) qualify as Qualified Opportunity Zone Property (QOZP) for the tenant - tenant is solely responsible for consulting an attorney and confirming they're eligible for these benefits. Final lease rate and Tenant Improvement Allowance (TIA) will be dependent on tenant financials, lease term and other determining factors. NNNs for 2026 are currently estimated at $12.50/SF.
- Bus Line
- Signage
Nearby Major Retailers
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123 S Cedar St
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