Freestanding Restaurant - 7842 Rivers Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30586984
Property Subtypes: Free-Standing Building, Restaurant, Other
Building Size (RSF): 5,870 SF
Gross Building Area: See Agent
Sale Price: $2,000,000
Unit Price: $340.72 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/27/2020

Overview / Comments

Ideally situated in close proximity to Northwoods Mall and other popular shopping plazas, this property provides an excellent opportunity to benefit from the nearby dense retail population. This freestanding restaurant building has a new roof, recently renovated interior, highly functional layout and is equipped with quality restaurant infrastructure including grease trap. Nearby amenities include Home Depot, Starbucks, Panera Bread, Walgreens, Chipotle, Hobby Lobby and Roper St. Francis, just to name a few.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 32 - N.Chas./Summerville outside I-526
Tax ID/APN: 4840000110
Area Description: North Charleston is a vibrant city that attracts more than 2 million visitors annually. This thriving, business friendly area is a major economic driver of the 745,000-person Charleston, SC MSA. Serving as the area’s industrial hub, the city is home to the Charleston International Airport, Joint Base Charleston, Boeing Aircraft, Verizon Wireless, Kapstone Paper, and the Global Financial Services – Charleston, just to name a few. Citing a population of over 100,000, North Charleston is South Carolina’s third largest city. With excellent shopping facilities, malls, restaurants, and beautifully planned neighborhoods, the new North Charleston brings an atmosphere of prosperity, excitement, and continued growth to the hub of the Lowcountry.
Year Built: 1994
Year Renovated: 2019

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,875 62,494 141,986
Median Age: 31.61 31.58 32.59
Households: 3,521 24,171 52,913


Photograph of Listing Agent

Blair A Belk

Belk / Lucy SCCMLS Member
Photograph of Listing Agent

Trey E Lucy, III

Belk / Lucy SCCMLS Member
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