106 Pkwy Ave Summerville, SC 29483-0703
Property profile & analytics
106 Pkwy Ave, Summerville, SC 29483-0703
- Turn key restaurants
- 8,856 SF
- 1.43 lot acres
Property ID
US77-0576991
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Yokoso Japanese Steakhouse Summerville / Restaurant
Property Details for 106 Pkwy Ave
- Year built
- 2009
- Construction
- FRAME
- Lot size
- 1.43 lot acres
- Zone code
- GB_SV
- Property type
- Turn key restaurants
- APN
- 137-04-07-013
- APU
- 1370407013
Description
This exceptional investment opportunity presents a thriving Japanese restaurant and retail space at 106 Parkway Ave, Summerville, SC 29483. The property boasts 8,856 square feet situated on a 1.43-acre lot, offering ample parking with 60 spaces. The building enjoys high visibility with approximately 156 feet of frontage on Berlin G Myers Parkway and 59 feet on Parkway Ave. Currently operating at 100% occupancy, the property is offered as a sale-leaseback with a credit-rated tenant under a triple-net (NNN) lease. The lease agreement includes a 10-year initial term with two 5-year renewal options, providing long-term stability and predictable income. The annual base rent is $144,000 ($12,000 per month). This property is ideally positioned within a thriving community, boasting over 23,000 households within a 3-mile radius. The property's combination of a strong tenant, favorable lease terms, and prime location makes it an attractive investment opportunity in the desirable Summerville market. The property is zoned for both restaurant and shopping center uses, offering flexibility for future development or expansion. The asking price for this exceptional property is $2,200,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Summerville
- County
- Dorchester
- State
- South Carolina
- Longitude
- -80.167
- Latitude
- 33.0234
- CBSA code
- 16700
- CBSA name
- CHARLESTON-NORTH CHARLESTON, SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,165
$56,062
$43,200
$99,262
-
$934,362
$720,006
$1,654,368
