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Restaurant with Absolute NNN Lease
For Sale
Under Contract
$2,880,000

3668 Trask Parkway, Beaufort, SC 29906

COMMERCIAL - Beaufort, SC

Property Size3,852 SF
Lot Size0.19 Acres
Price / SF$747.66
Days on Market48

Property Features for 3668 Trask Parkway

General Information

Property type Commercial Sale
Property subtype Retail
Property condition Under Construction
Zoning Commercial
Parking features On Street, Parking Lot
Accessibility Accessible Doors, Accessible Approach with Ramp
Subdivision NOT in a Subdivision
View Water
Directions From Robert Smalls Parkway (US-21), travel north on Trask Parkway (SC-170) approximately 1.5 miles. Property is located within the Trask Parkway hospitality corridor adjacent to Home2 Suites & Tru Hotel
Standard status Active Under Contract
APN R120-026-000-0192-0000
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description OUTPARCEL F-1A PB154 PG162
Tax Annual Amount 1251
Legal Description OUTPARCEL F-1A PB154 PG162

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Zoned, Central
Cooling system Central Air
Water source Public

Building Details

Year built 2025
Floors in Building 1
Number of units 1
Flooring type Concrete
Building materials Brick, Frame
Roof type Composition
Listing Agency: Old South Properties
Listed By: William Gavigan · License #46210
Added: Jun 18 Changed: Aug 1 Last Checked: Aug 4 at 12:06PM
MLS# 196948

Copyright © 2026 Lowcountry Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Newly completed in 2025, this luxury restaurant real estate investment is a conventional restaurant space of approximately 3,852 SF. The property features substantial restaurant infrastructure and improvements, including commercial kitchen systems, commercial refrigeration, draft beverage systems, premium bar improvements, modern mechanical systems, custom hospitality finishes, and FF&E and specialty equipment.

The restaurant is leased under a long-term Absolute Triple Net (NNN) lease structure, with tenant responsibility for real estate taxes, insurance, common area maintenance, utilities, repairs, maintenance, and operating expenses. The lease includes a full personal guaranty. The rent structure provides scheduled rental increases and additional income participation provisions.

Zoned Commercial, the site totals approximately 0.19 acres and is served by public water and public sewer. Heating is zoned with central systems, and cooling is central air. The property includes on-street parking and a parking lot, with accessible doors and an accessible approach with a ramp. Natural gas is available. The roof is composition.

Key Highlights

  • Approximately 3,852 SF newly completed (2025) restaurant space
  • Long‑term Absolute Triple Net (NNN) lease; tenant pays taxes, insurance, CAM, utilities, repairs, maintenance, and operating expenses
  • Full personal guaranty supports the lease structure

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29906, SC

22,608
Population
11,028
Households
2.1
Avg Household Size
31
Median Age
24%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
502
Density / Sq Mi
$61,350
Median Household Income
$32,253
Median Earnings
$1,377
Median Rent
$236,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Newly built restaurant with an absolute triple-net structure and tenant responsibility for taxes, insurance, CAM, and operating expenses.
Where is this conventional restaurant located?
The property is located at 3668 Trask Parkway Beaufort, SC.
What is the asking price?
The asking price for this property is $2,880,000.
What are key features of this property?
This property features: Approximately 3,852 SF newly completed (2025) restaurant space; Long‑term Absolute Triple Net (NNN) lease; tenant pays taxes, insurance, CAM, utilities, repairs, maintenance, and operating expenses; Full personal guaranty supports the lease structure
More about this property
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