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    North Charleston Restaurant Opportunity Title is generated by Realmo AI

    8601 S Antler Dr, North Charleston, SC

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    6,930 SF restaurant property in North Charleston for sale.

    Type:RETAIL
    Property size:
    6,930 SF
    Lot size:
    1.34 Acres
    Price / SF:
    $259/SF
    Added:
    Dec 20, 2022
    Days on Market:
    1267
    Last Refresh:
    May 20 at 9:23 pm

    Property Features for 8601 S Antler Dr

    General Information

    Standard status
    Active
    Size
    6,930 SF
    Lot size
    1.34 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Steve Radekopf
    Steve Radekopf

    Listing agent Steve Radekopf License ##23726

    Listing office Sperry Commercial - South Carolina

    Listing date Dec 20, 2022

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial - South Carolina

    HighLights

    • Established Japanese Steakhouse and Sushi Bar business included in the sale.
    • Includes real estate and business for a combined price.
    • Large, well‑maintained 6,930 SF property in North Charleston.
    • Spacious kitchen with two large walk‑in coolers and stainless steel food prep areas.
    • Equipped with 18 Hibachi tables, each with overhead fire vents.
    • Ample parking available for customers.

    Overview

    This 6,930 SF property in North Charleston presents an investment opportunity. Currently operating as a Japanese Steakhouse and Sushi Bar, the well-maintained building features a spacious kitchen equipped with two large walk-in coolers and stainless steel food preparation areas. The layout includes a lounge, waiting room, a private sushi bar, and a main dining room containing 18 hibachi tables, each fitted with an overhead fire vent to meet code requirements. The exterior is finished in stucco, and ample parking surrounds the building. The property offers the potential to take over and enhance the existing Japanese dining destination or transform it into a new retail or dining concept. The price includes the real estate and the business.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $145.5k $21.00
    − Vacancy −$10.2k −$1.47
    EGI $135.3k $19.53
    − OpEx −$33.8k −$4.88
    NOI $101.5k $14.65
    6,930 SF · lease $21.00/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.45M
    $1.27M – $1.69M (±1% cap)
    NOI $101,507 @ 7.0% cap · market cap 5.64%
    Second Best
    Retail
    $1.15M
    $1.00M – $1.34M (±1% cap)
    NOI $80,333 @ 7.0% cap · market cap 4.46%
    Theoretical Best
    Office A
    $1.88M
    $1.65M – $2.20M (±1% cap)
    NOI $131,725 @ 7.0% cap · market cap 7.32%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy Hotel & Motel Gym & Fitness Center Electrical Service Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Charleston
    County
    Dorchester
    State
    South Carolina
    Longitude
    -80.0479
    Latitude
    32.9007

    FAQs

    What type of property is this?
    Conventional restaurant - 6,930 SF restaurant property in North Charleston for sale.
    Where is this conventional restaurant located?
    The property is located at 8601 S Antler Dr North Charleston, SC.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Established Japanese Steakhouse and Sushi Bar business included in the sale.; Includes real estate and business for a combined price.; Large, well‑maintained 6,930 SF property in North Charleston.
    (843) 514-0761 Call to check price and availability
    More about this property
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