6165 Savannah Hwy, Leased Restaurant Property

Retail-Commercial for Sale
Catylist Listing ID: 30380526
Property Subtypes: Restaurant
Building Status: Proposed
Building Size (RSF): 2,500 SF
Gross Building Area: See Agent
Sale Price: $685,000
Unit Price: $274 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 11/26/2019

Overview / Comments

Ravenel Restaurant Property: Leased Restaurant site $685K. Dynamic real estate opportunity including leased restaurant property as well as two optional, additional adjacent tracts with improvements totaling over 3 acres with frontage on Highway 17. 6165 and 6171 Savannah Highway asking $985K and considering a la carte scenarios from .71ac ($290k).

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 13 - Rural W.Ashley-Ravenel/Hollywood/Meg
Tax ID/APN: 1870000301
Year Built: 1990

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,178 7,272
Median Age: 41.25 44.52
Households: 1,571 2,823

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