$50,000 Summerville SC Restaurant Space for Sale
| Asking Price: | $50,000 |
| Gross Revenue: | $186,000 |
| Established Year: | 2013 |
| Cash Flow: | $1 |
| Rent: | $4,098/Month |
$50,000 Summerville SC Restaurant Space for Sale
A Restaurant For Sale for only $50,000? Located in a High-Pedestrian Shopping Center with Multiple Anchor Brands? Fantastic base rent protection for the next 7 years? Yes, yes, and YES!
This turn-key Restaurant For Sale is ideal for quick-serve franchises or independent concepts. Located in a bustling regional shopping center that welcomed nearly 6 million visitors in 2023, this opportunity offers excellent visibility and access. Positioned just off Interstate 26, it attracts both local residents and tourists traveling to and from Charleston.
Prime Location with High Exposure Situated at the intersection of I-26 and Route 17 in Summerville's Azalea Square shopping center, this Restaurant For Sale benefits from high foot traffic and built-in customer flow. Big-box anchor stores, a movie theater, and numerous retail and dining options enhance its appeal. Whether expanding an existing brand or starting fresh, this location offers the visibility and reputation to boost success.
Pre-Equipped for Quick Start This Restaurant For Sale is ready for operation with key equipment already in place. It features a front-of-house area for quick-serve service and a fully equipped kitchen with grease trap, refrigeration, storage, and more. Inquire about vent hood options, and a Certified Restaurant Broker® can assist in the approval process, ensuring you get started smoothly.
Growth Opportunity Surrounded by over 21,000 housing units, with more than 34,000 additional homes coming soon from top-selling master-planned communities like Cane Bay and Nexton, this Restaurant For Sale is positioned in a growing area. With new homes averaging over $400,000 and household incomes around $100,000, this is a prime market for growth and expansion.
Attractive Lease Terms The Restaurant For Sale comes with an assignable lease, currently in its first of two 5-year option periods. With 1,400 square feet of space, the monthly base rent is $4,100. Lease terms include one free month of rent next year and again in the second option period AND only ONE rent escalation will occur in the 7 years. That's unheard of in today's competitive lease market.
Don't let this one get away, click the red MORE boxes for all the details.
By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
