1804 Crowne Cmns WayJohns Island, SC 29455

Property Details for 1804 Crowne Cmns Way

Property size (Sq ft)

4,600 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.

Location Insight

City

Johns Island

County

Charleston

State

South Carolina

Latitude

32.736

Longitude

-80.0541

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