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$ 1,895,000
Est. payment /mo
New
3662 Trask Pkwy Beaufort, SC 29906
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 31008879
Year Built 2021
Property Sub-Type Retail
Property Description
Freestanding, single-tenant restaurant investment leased to Sub Station II, featuring a stabilized operating location with a long-term lease in place through June 2032 and four additional five-year renewal options. The asset is structured under a triple-net (NNN) lease, with the tenant responsible for taxes, insurance, CAM, utilities, and maintenance-- providing a passive income stream for investors. The property is supported by dual personal guarantors and a history of consistent rent payments, offering stable and predictable cash flow within a proven restaurant location.The property is positioned along Trask Parkway (US 21), Beaufort's primary hospitality and military corridor, rather than a standalone retail location. The site benefits from immediate proximity to multiple hotels, including Hilton-branded properties, with hundreds of existing hotel rooms within the corridor and additional lodging development in the area.This location supports consistent demand from overnight guests, military families, contractors, and tourism traffic. The corridor is further driven by nearby Marine Corps Recruit Depot Parris Island and MCAS Beaufort, which generate year-round visitation, graduation-related travel, and recurring dining demand. Combined with strong visibility and access along US 21, the property is well located within one of Beaufort County's most active commercial corridors.-Absolute NNN lease structure-Full dual personal guarantor-Hotel adjacent-Military-driven demand from nearby Parris Island & MCAS Beaufort-Long-term lease through June 2032 with four 5-year options-Passive 1031-friendly investment
Location
State SC
County Beaufort
Listed by Nicole Gavigan • Avison Young - South Carolina
NEARBY SCHOOL & BUSINESS
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