6150 Rivers Ave North Charleston, SC 29406
For Sale
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This exceptional investment opportunity presents a freestanding restaurant building at 6150 Rivers Ave, North Charleston, SC 29406. The 2,400 square foot building sits on a 0.96-acre lot and boasts 41 parking spaces, a significant advantage in a high-traffic area. Constructed in 1978, the masonry building features a hood system, grease trap, walk-in cooler and freezer, and ADA-compliant restrooms. Currently occupied by Nicks Gyros and Phillys under a NNN lease expiring December 30, 2024, with two five-year renewal options at market rate. The property's prime location on Rivers Avenue offers excellent visibility and accessibility, with convenient access from I-26 and I-526. The substantial parking, coupled with the adjacent extra land, provides ample space for customers and potential expansion. This successful, established tenant makes this a strong investment with significant upside potential. The asking price is $1,150,000. This is a rare opportunity to acquire a well-located, established restaurant property with a strong tenant and significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.