For Lease
$28.37/SF/YR

1804 Crowne Cmns WayJohns Island, SC 29455

Turn-key Restaurant, High Sales, Lease in Place

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 4,600 square foot restaurant is located at 1804 Crowne Commons Way, Johns Island, SC 29455, in the Crowne Commons development off Maybank Highway. The property boasts a beautiful, professional build-out designed for high volume, with a seating capacity of 120 inside and an additional 48 seats on the patio. Historical sales exceed $3 million, reflecting the property's strong performance. The current lease, with three five-year renewal options, expires in July 2028. The base rent is $28.37 per square foot, triple net (NNN), resulting in a total monthly rent of approximately $14,000. Ample parking is available in a large shared lot. The asking price for the business, fixtures, furniture, and equipment (FF&E), and lease assignment is $875,000. The business will remain operational until November 18, 2024. This is a truly turnkey opportunity for an established restaurant operator or someone looking to launch their own concept. The property is zoned commercial and is situated in Charleston County. The replacement cost for the build-out is estimated at $2 million.

Highlights

  • Ample patio seating for 48 guests.
  • High visibility and convenient access from Maybank Highway, boasting 30,000 vehicles per day.

Property Details for 1804 Crowne Cmns Way

Property type
Restaurants
RSF (Rentable sq. ft)
4,600 SF

Unit(s) available at that property

Space
Size
4,600 SF
Rate per SF
$28.37

Location Insight

City
Johns Island
County
Charleston
State
South Carolina
Latitude
32.7360202
Longitude
-80.0540862
1804 Crowne Cmns Way, Johns Island, South Carolina

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1804 Crowne Cmns Way
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