973 Chesterfield Hwy Cheraw, SC 29520
Profitable SC Restaurant, 6.75% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,075,045 asking price for a 4,950 SF restaurant in Cheraw, SC.
- NNN lease, single tenant occupancy.
- 6.75% cap rate with a $72,565 NOI.
- 5-year lease with two 5-year options; 1.6 years remaining.
- $217.18/SF; 3% annual rent increases.
- 1.62-acre lot; Broker co-op available.
Property Details for 973 Chesterfield Hwy
- Property type
- Retail properties, Restaurants
- Square Feet
- 4,950 SF
- Lot Size (sq. ft)
- 70,567 SF
Location Insight
- City
- Cheraw
- County
- Chesterfield
- State
- South Carolina
- Latitude
- 34.698114156877
- Longitude
- -79.928382721197
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Profitable SC Restaurant, 6.75% Cap Rate
- Where is the retail property located?
- The property is located at 973 Chesterfield Hwy Cheraw, SC.
- What is the asking price?
- The asking price for this property is $1,075,045.
- What are key features of this property?
- This property features: $1,075,045 asking price for a 4,950 SF restaurant in Cheraw, SC.; NNN lease, single tenant occupancy.; 6.75% cap rate with a $72,565 NOI.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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