21101 Fraser St Georgetown, SC 29440

Exceptional opportunity to acquire a thriving, turn-key BBQ restaurant in Georgetown, South Carolina. This 3,400 square foot, single-tenant property is located at 21101 N Fraser St, 29440, near the Yauhannah Bridge and Reiver Landing, offering convenient access and high visibility. Currently operating at 100% occupancy since December 1, 2023, the restaurant boasts a strong net operating income (NOI) of $48,000, yielding a 13% cap rate. The asking price is $310,000, translating to $91.18 per square foot. The property features ample parking with 70 spaces and is zoned for general commercial use. The existing lease, a modified agreement with a 2-year term commencing April 19, 2024, and expiring April 19, 2026, includes two lease options and annual rent bumps of 2%. The building, renovated five years ago, includes all furniture, fixtures, and equipment (FF&E). The fully equipped kitchen features a walk-in cooler, large reach-in freezer, and a hood system. The dining area comfortably seats 104 guests with a mix of tables and booths. The exterior has undergone a complete renovation, and a new lighted sign is in place. The restaurant's versatility extends beyond its core operation