Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Free-Standing Restaurant with Hood Title is generated by Realmo AI

    771 Daniel Ellis Drive, Charleston, SC 29412

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Standalone restaurant space with existing kitchen infrastructure, ADA restrooms, and walk-in cooler in a high-traffic corridor.

    Type:Retail
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 3 at 1:05 pm

    Property Features for 771 Daniel Ellis Drive

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 771 Daniel Ellis Drive Contact us

    We can help!

    Listing Contact
    Mandy Coleman

    Listing agent Mandy Coleman License #SC 49066

    Listing office National Restaurant Properties Charleston

    Listing date Jun 2, 2026

    Source Crexi

    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 National Restaurant Properties Charleston

    HighLights

    • Free‑standing restaurant space with full restaurant infrastructure, including hood systems and a grease trap
    • Includes bar, ADA restrooms, and a walk‑in cooler
    • Standalone restaurant space with shared access off Folly Road
    • Fronts a Lowe's at a major stoplight intersection
    • Located on James Island with quick access to downtown and West Ashley
    • Main thoroughfare provides the only road to and from Folly Beach

    Overview

    This free-standing restaurant space includes full restaurant infrastructure designed for operational use, including hood systems and a grease trap, along with a bar and ADA restrooms. A walk-in cooler is also in place to support day-to-day food storage and prep needs. The configuration is therefore well suited to an operator looking to open or relocate without starting from scratch.

    The property sits on Daniel Ellis Drive with shared access off Folly Road. It fronts a Lowe’s at a major stoplight intersection, providing visibility from a signalized commercial location. It is positioned on James Island, minutes from downtown and West Ashley, and is described as being on a main thoroughfare that serves as the only road to and from Folly Beach, a major tourist destination.

    For tenants and buyers, the practical value here is the readiness of the space for restaurant functions, given the presence of key back-of-house and service components such as the hood system, grease trap, bar, ADA restrooms, and walk-in cooler. The location supports restaurant concepts that benefit from convenient regional access and strong retail-adjacent surroundings.
    Location Intelligence

    Current Use by Public Records

    IHOP Restaurant TenderFix by Noah ... Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Berkeley
    State
    South Carolina
    Longitude
    -79.9701788
    Latitude
    32.747286

    Nearby Similar for Lease

    • $24 SF/Yr
      2,652 SF

      West Ashley Office Space Available

      Office spaces for lease in central West Ashley location.
      1064 Gardner Road, Charleston, SC 29407
      View Details
    • $35 SF/Yr
      10,673 SF

      Mixed-Use Building with Storefronts

      Three-story historic building offers flexible space for retail, office, or hospitality with on-site parking and outdoor access.
      438 King St, Charleston, SC 29403
      View Details
    • $2,500/Mo
      1,625 SF

      Office Suites in Orange Grove Park

      Two professionally oriented office suites with ongoing renovations in a West Ashley office park setting.
      15 Gamecock Ave, Charleston, SC 29407
      View Details
    • $35 SF/Yr
      4,730 SF

      Single-Story Office Building

      Centrally located office building with flexible lease terms and included parking to support medical or professional users.
      255 East Bay Street, Charleston, SC 29401
      View Details
    • $45 SF/Yr
      2,030 SF

      Prime Retail Space on George

      Retail space for lease in downtown Charleston near King Street.
      51 George Street, Charleston, SC 29401
      View Details
    • $22 SF/Yr
      4,204 SF

      Charleston Historic District Office Space

      Renovated office suites with harbor views in historic Charleston.
      2 Cumberland St, Charleston, SC 29401
      View Details
    • $20 SF/Yr
      2,200 SF

      James Island Office Space Available

      Office space for lease in a convenient Charleston location.
      125 Wappoo Creek Dr, Charleston, SC 29412
      View Details
    • $30 SF/Yr
      2,566 SF

      Historic Office Suite with Parking

      Restored office space with multiple private offices, conference room, and parking in a historic building near the waterfront.
      4 / 8 North Atlantic Wharf, Charleston, SC 29401
      View Details
    • $18 SF/Yr
      2,150 SF

      Retail Suite at West Island Center

      Ground-floor retail unit with direct Savannah Highway access, ideal for café, smoothie, salon, or home improvement use.
      2049 Savannah Highway, Charleston, SC 29407
      View Details
    • $33 SF/Yr
      2,983 SF

      West Ashley Retail Space Available

      Retail space in shopping center anchored by Harris Teeter.
      3863 West Ashley Circle, Charleston, South Carolina 29414
      View Details
    • $75 SF/Yr
      3,740 SF

      Prime Retail Space on King

      High-profile retail space in downtown Charleston near Charleston Place.
      229 King St, Charleston, SC 29401
      View Details
    • $37 SF/Yr
      5,153 SF

      Class A Office Space

      Class A office space in downtown Charleston for lease.
      40 Calhoun Street, Charleston, South Carolina 29401
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Standalone restaurant space with existing kitchen infrastructure, ADA restrooms, and walk-in cooler in a high-traffic corridor.
    Where is this conventional restaurant located?
    The property is located at 771 Daniel Ellis Drive Charleston, SC.
    What are key features of this property?
    This property features: Free‑standing restaurant space with full restaurant infrastructure, including hood systems and a grease trap; Includes bar, ADA restrooms, and a walk‑in cooler; Standalone restaurant space with shared access off Folly Road
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Mandy Coleman
    Real Estate License ID: SC 49066
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    771 Daniel Ellis Drive, Charleston, SC 29412
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!