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Property profile & analytics
OFF-MARKET Estimated value $2,015,000
Drive through restaurants

1638 Red Bank Rd Goose Creek, SC 29445-4588

822 SF 1.15 ac lot Built 2018
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US77-1932245
Property summary
AI-generated overview

This exceptional 950-square-foot restaurant space, formerly a Checker's, is available for lease in Goose Creek, South Carolina. Situated at 1638 Red Bank Road, this single-tenant property boasts a highly desirable location within the Charleston metro area. Built in 2019, the building features a double drive-thru, maximizing efficiency and customer convenience. The property sits on 1.15 acres of land, providing ample space and excellent visibility from Red Bank Road. Its strategic placement across from major retailers such as Walmart, McDonald's, Burger King, Walgreens, and South Carolina Federal Bank ensures high traffic and exposure. The property also benefits from pylon signage, further enhancing its visibility and brand recognition. This location offers easy access to the US Naval Weapons Station, adding to its potential customer base. The entire 950 square feet is currently vacant and ready for immediate occupancy. The annual lease rate is $120,000 NNN. This is a fantastic opportunity for a restaurant operator seeking a high-traffic, well-established location in a thriving commercial area.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2018
Total area 822 SF
Lot 1.15 ac (50,094 SF)
Zoning code BERKELEY COUNTY - GC
APN 252-00-00-052
UPID US77-1932245
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.02M
Owner & transaction history
Red B Road Partners LLC · 4 yrs held
Red B Road Partners LLC
since 2021
Last sale
$2.0M
5 recorded transactions
2021
$2.0M
2017
$430,000
2007
$2.5M
2006
$1.1M
2005
$225,000
Zoning & alternative use
BERKELEY COUNTY - GC · Goose Creek, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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