Freestanding Restaurant with Full
For Sale
$2,395,000
8061 South Antler Drive, North Charleston, SC 29406
Equipped second-generation restaurant with kitchen infrastructure, bar service, sushi station, and on-site parking.
Property Size6,930 SF
Days on Market49
Property Features for 8061 South Antler Drive
General Information
Standard status
Active
Size
6,930 SF
Property subtype
Retail
Building Details
Building Size
6,930 SF
Year Built
2000
Listing Agency:
Sperry Commercial - South Carolina
Listed By:
Steve Radekopf · License #SC #23726
(843) 514-0761
Source:
Sperrycga
Added: Sep 16
Last Checked: Nov 3 at 4:20AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,930-square-foot freestanding restaurant was built in 2000 on a 1.17-acre pad. The existing setup includes a hood, Ansul system, walk-in units, full bar, sushi station, kitchen infrastructure, and on-site parking. The real estate and operating business convey together, with inventory handled separately at cost. Approximately $250,000 has been invested since 2025, including new HVAC and a roof completed in Q1 2026.
The property carries B-2 zoning and is designated Flood Zone X. It is positioned in the North Charleston retail corridor off Rivers Avenue near Northwoods Mall. The operation has a trained staff of 38, and financial information is released after execution of a confidentiality agreement. In-place NNN occupancy is reported at roughly 30% below the corridor market range.
The property carries B-2 zoning and is designated Flood Zone X. It is positioned in the North Charleston retail corridor off Rivers Avenue near Northwoods Mall. The operation has a trained staff of 38, and financial information is released after execution of a confidentiality agreement. In-place NNN occupancy is reported at roughly 30% below the corridor market range.
Key Highlights
- 6,930 SF restaurant building on 1.17 acres
- Full bar, sushi station, hood, Ansul system, and walk‑in units
- Approximately $250,000 invested since 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,507
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,030,140
$2.0M
Cap Rate 7%
$1,450,100
$1.5M
Cap Rate 9%
$1,127,856
$1.1M
Market Conditions
NOI Build-Up for 6,930 SF
Gross rent
$145.5K $21.00/SF
− Vacancy
−$10.2K −$1.47/SF
EGI
$135.3K $19.53/SF
− OpEx
−$33.8K −$4.88/SF
NOI
$101.5K $14.65/SF
Area
North Charleston, SC
Vacancy
7.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,030,140
Cap Rate 7%
$1,450,100
Cap Rate 9%
$1,127,856
Alternative Uses
Best Use
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,507 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,725 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29406, SC
32,730
Population
14,542
Households
2.3
Avg Household Size
32
Median Age
23%
College-Educated
82%
High-School Grad
15.3 sq mi
ZIP Area
2,139
Density / Sq Mi
$50,640
Median Household Income
$36,741
Median Earnings
$1,305
Median Rent
$209,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Equipped second-generation restaurant with kitchen infrastructure, bar service, sushi station, and on-site parking.
Where is this conventional restaurant located?
The property is located at 8061 South Antler Drive North Charleston, SC.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 6,930 SF restaurant building on 1.17 acres; Full bar, sushi station, hood, Ansul system, and walk‑in units; Approximately $250,000 invested since 2025
