Restaurant Real Estate For Sale Close to Future Google Data Center
| Asking Price: | $750,000 |
| Rent: | $5,000/Month |
Prime Renovated Restaurant Real Estate For Sale in Growth-Oriented St. George, SC. Located just 2 miles from the I-95 interchange and 3.2 miles from Google's new data center at Winding Woods Commerce Park, this fully leased 5,000-square-foot restaurant space is a solid investment in the Southeast.
This Restaurant Real Estate For Sale is currently leased to an established restaurant, catering, and special event business. The six-year lease generates $5,000 in monthly rent plus CAM, with 3% annual escalations. This is a prime opportunity for investors to acquire valuable real estate before pent-up growth demands explode in this quaint southern town.
Two excellent options are available with this Restaurant Real Estate For Sale:
-- Buy the building with the long-term tenant under lease.-- Buy the building and negotiate a tenant buyout to operate the existing hospitality businesses, or use the space for your own ideas.
For passive investors, this Restaurant Real Estate For Sale offers a steady income stream with no construction hassles or tenant negotiations. Established lease terms and equity growth enhance your ROI. If you prefer a hands-on role, you can revamp the existing food and beverage business. Certified Restaurant Brokers at We Sell Restaurants can assist in negotiating a favorable tenant buyout; in addition to restaurant profits, the on-site catering and special events boast an average 20% margin.
Recent renovations in this Restaurant Real Estate For Sale include HVAC, sprinkler system, gas cooking, and public water/sewer. The turn-key interior features a 600± sq. ft. commercial kitchen with walk-in cooler/freezer, vent hood, and grease trap.
Two-story exposed brick walls, a 20' bar, and an open stairway lend flair to this Restaurant Real Estate For Sale's impressive aesthetic. Private second-floor event space with seating for up to 70 features a separate bar and restroom. Additional amenities for the 2-story building include a 600± sq. ft. climate-controlled covered patio and a pet-friendly pergola covered outdoor patio, popular with I-95 travelers. Sign the Confidentiality Agreement for more details and a walk-thru virtual tour you can view right on your phone.
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