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Seven Real Properties in South Carolina

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Listing Information

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Seven Real Properties in South Carolina



Price: $18,750,000.00


Other Item Info
Item #: scbke_289675
Created: 10/18/2019
Category: Real Property > Commercial > Commercial Vacant Land/Building
Sale Location: Columbia, South Carolina
Sale Date: Tue. Nov 19, 2019
Seller Info
Michael Conrady
Debtor's Attorney
PO Box 684
Mt. Pleasant, SC 29465
843-884-6874
Bankruptcy Info
Case #: 2:19-bk-02517
Case Title: WD-I Associates, LLC
Court: South Carolina Bankruptcy Court
Chapter: 11
View Case Docket

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Real Estate Location

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416 William Hilton Pkwy
Hilton Head, SC,

Description

Sale of seven parcels of real property located in Hilton Head, South Carolina, and more described as below:

  • Parcel A: This is a .64 acre parcel which is subject to a lease for a Starbucks coffeehouse.
  • Parcel B: This is a parcel with a building subject to a lease with SteinMart, Inc. for a 29,530 square foot space.
  • Parcel C: This is a parcel with a building currently divided into four suites: i. Suite 103 is a 13,233 square foot space occupied by West Marine Products, Inc.; ii. Suite 105 is a 3,200 square foot space that is currently vacant; iii. Suite 109 is an 18,200 square foot space that is currently vacant; iv. Suite 120 is an 18,000 square foot space occupied by Petsmart, Inc.;
  • Parcel D: This is a 2.79 acre parcel of undeveloped land;
  • Parcel E: This is a 1.55 acre parcel, of undeveloped land;
  • Parcel F: This is a .26 acre parcel with a building containing approximately 10,000 square feet of space divided into five suites: i. Suite 301 – 3,086 square feet of space subject to a lease with an entity operating Another Broken Egg Café. ii. Suite 302 – 1,400 square feet of space that was subject to a lease with Foams Mitchell, LLC Dba Dream Boutique, which lease is in the process of being terminated in a manner that will preserve any ability to pursue the tenant and guarantors under the lease. iii. Suite 303 – 1,470 square feet of space that is subject to a lease with an entity operating Island Nails and Spas; iv. Suite 304 – 1,400 square feet of space that is currently vacant; v. Suite 305 – 2,595 square feet of space which is currently vacant.;
  • Parcel G: This is a parcel with a building containing approximately 4,900 square feet of space divided into two suites: i. Suite 201 – 1,200 square feet of space subject to a lease for the operation of a Jersey Mike’s; ii. Suite 202 - 204 – 3,645 square feet of space subject to a lease for the operation of an Orange Theory Fitness.

Sale Location

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1100 Laurel Street
Columbia, SC, 29201-2423

Additional Details

Sale Hearing Time: 2:00 p.m.

Last date to respond: 21 days from the date of service
Date of Service: October 18, 2019



Other Information

Terms and Conditions:

See Attached.


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