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$4 Million Property At Azaela Square Purchased For Redevelopment

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NAI Charleston is pleased to announce that veteran broker Will Sherrod, CCIM recently facilitated the sale of ±1.3 acres of land and a ±5,200 SF former restaurant building at the corner of N. Main Street and Azalea Square Blvd. The property was previously the Mellow Mushroom situated at the main entrance to the Azalea Square shopping center. It will be completely redeveloped by the buyer, Woodhaven Development Group, LLC.

Will Sherrod represented the seller, Flour-Town Holdings, LLC, and Micah Groeber with Atlantic Retail represented the buyer. The property sold for $4,006,250.

“I am very happy to have been able to assist in the disposition of this asset for the owners,” said Sherrod. “The real estate along the North Main Street corridor in Summerville continues to show significant value and demonstrates the demand for well-positioned retail assets in the market.”

For more information, contact Will Sherrod, CCIM at +1 (843) 364 3796 or wsherrod@naicharleston.com.

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