ASHLEY OAKS PLAZA. A total re-invention of a 57,400 SF retail center in the heart of Charleston s greatest opportunity: West Ashley

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1 ASHLEY OAKS PLAZA A total re-invention of a 57,400 SF retail center in the heart of Charleston s greatest opportunity: West Ashley 1119 WAPPOO ROAD,, SC RETAIL & RESTAURANT OPPORTUNITIES AVAILABLE ELYSE WELCH, CCIM EWelch@Lee-Associates.com JOHN ORR, CCIM JOrr@Lee-Associates.com LINDSEY HALTER LHalter@Lee-Associates.com 960 Morrison Dr, Suite 400 Charleston, SC Lee-Charleston.com

2 Be a part of this dynamic new retail destination in Charleston s greatest opportunity: West Ashley Well-situated at the corner of Ashley River (HWY 61) and Wappoo Roads, Ashley Oaks Shopping Center boasts 34,544 vehicles daily, and arguably the best visibility in the submarket with ample parking. The exciting re-invention of this wellplaced neighborhood center includes a redesigned facade, new dining and gathering areas, improvements to landscaping, parking lot, driveways, infrastructure, and additional enhancements to visibility, signage, and accessibility. Combined with a targeted merchandising strategy and overall upgrade to tenant mix, a dramatically re-shaped Ashley Oaks will be better positioned to meet the lifestyle needs of the growing West Ashley community. Don t miss this opportunity! Address: 1119 Wappoo Road, Charleston, SC Signage: Pylon sign on Ashley River Road GLA: 57,400 SF Acreage: 4.94 Acres Parking Spaces: ±315 Parking Ratio: 5.5 per 1,000 Traffic Count: 34,544 VPD

3 West Ashley Drive-Time Demographics POPULATION 3 Minute 6 Minute 9 Minute 2017 Population 9,905 33,551 53, Est. Population 10,521 36,071 56,808 HOUSEHOLDS 2017 Households 4,506 16,079 24, Est. Population 4,796 17,330 26, Historical Annual Change 0.96% 1.23% 1.18% HOUSING 2010 Total Housing Units 4,544 16,089 24, Total Housing Units 4,962 27,010 27, Est. Total Housing Units 5,285 19,038 29,029 INCOME 2017 Avg. Household Income $46,396 $61,349 $65, Est. Avg. Household Income $52,854 $70,511 $74, Household Per Capital Income $21,046 $28,959 $29,981 DAYTIME Total Businesses 980 2,362 3,201 Total Employees 9,211 23,821 45,136

4 Location Located in West Ashley, Charleston s Greatest Opportunity Roper Hospital CITADEL CROSSING ASHLEY CROSSING CITADEL MALL Citadel Mall 38,582 VPD 23,156 VPD QUADRANGLE WESTWOOD PLAZA WAPPOO RD SAM RITTENBERG BLVD 34,544VPD ASHLEY OAKS ASHLEY RIVER RD ASHLEY LANDING West Ashley Station ST. ANDREWS BLVD Business-friendly submarket with a focus on infrastructure improvements and the Revitalization of the submarket, the Mayor has a commission dedicated to this effort West Ashley is experiencing a major influx of families moving to the area, renovating homes, and new multifamily projects coming online National retailers and employers flocking to the area including HomeGoods, Harris Teeter, Ulta, and the new MUSC Outpatient facility (±900 employees) Sam Rittenberg boasts some of the highest retail sales volumes in the West Ashley submarket DOWNTOWN SAVANNAH HWY NORTH WEST ASHLEY DANIEL ISLAND MT. PLEASANT AUTO MILE ST.ANDREWS CENTER SOUTH WINDERMERE Porter Gaud

5 Site Plan Suite SF Use A 1,390 State Farm 36,400 Cars DOWNTOWN 4 miles B 1,500 Available C 1,500 Panda Chinese Restaurant D-G 6,000 Available H 1,500 Available I-J 3,000 Beauty K 3,000 National Karate MMA Q PATIO P L 27,500 O2 Fitness P 8,304 True Value Q 3,850 Los Reyes L 11,200 Cars K K PATIO I-J H D-G C B A

6 Nearby Retail Tenants 38,582 VPD WEST ASHLEY SHOPPES CITADEL MALL WESTWOOD PLAZA ASHLEY RIVER RD CROSSROADS CENTER SouthPark Centre Offices 23,156 VPD SAM RITTENBERG BLVD SKYLARK RD ORLEANS RD DUPONT RD BELGRADE AVE WAPPOO RD 34,544VPD ASHLEY HALL RD SAVANNAH HWY ASHLEY OAKS

7 ASHLEY OAKS PLAZA ELYSE WELCH, CCIM JOHN ORR, CCIM LINDSEY HALTER Morrison Dr, Suite 400 Charleston, SC Lee-Charleston.com

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