1953 Whiskey Rd - Restaurant FOR SALE


Aiken, SC 29803- Greater Aiken
$2,680,000 USD
678-521-2540
1953 Whiskey Rd, Aiken, SC for Sale
$2,680,000 USD
Restaurant - FOR SALE
1/6
null | 6% Cap Rate

1953 Whiskey Rd
Aiken, SC 29803
Greater Aiken


HIGHLIGHTS

  • ? Corporate Tenant – Panera Bread. Leased to Covelli Enterprises / Cadle LLC, the largest franchisee of Panera Bread
  • ? NNN Lease Structure. Passive investment with tenant responsible for taxes, insurance, CAM, and virtually all maintenance/repairs
  • ? Drive-Thru Prototype. High-performing Panera format, capturing strong off-premises and mobile order sales
  • ? Dominant Retail Corridor. Positioned on Whiskey Road, Aiken’s top retail artery, adjacent to Walmart and surrounded by national retailers
  • ? Growing Market. Aiken’s population has increased 6.7% since 2010, with continued residential and retail growth supporting long-term demand.
  • ? Walmart Outparcel Advantage. Directly positioned in front of a Walmart Supercenter, ensuring consistent customer traffic

OVERVIEW

Introducing the investment opportunity at Panera Bread located at 1953 Whiskey Rd, Aiken, SC 29803. This single-tenant retail property with a drive-thru features a 4,300 SF building, a 960 SF patio, and sits on 0.9 acres of land with 58 parking spaces. Leased to the largest Panera Bread franchisee, Covelli Enterprises / Cadle LLC, this NNN lease structure offers a secure cash flow with a current annual rent of $160,820. Positioned on Aiken's prominent retail artery, this property enjoys a strategic location adjacent to Walmart and surrounded by national retailers, ensuring consistent customer traffic. Panera Bread's strong brand profile as a health-forward, high-quality fast-casual restaurant chain with innovative menu offerings and a massive digital presence, combined with a growing market in Aiken, makes this investment opportunity a standout in today's market. Don't miss out on this dynamic investment in a thriving location!

FOR SALE DETAILS

PRICE

$2,680,000 USD

PRICE/SF

$623 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera Bread

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

58

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

“GB” General Business

APN/PARCEL ID

122-13-02-007

ASK ABOUT THIS PROPERTY

Andrew ZifferMarathon Property Group, LLCMore Info
678-521-2540

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Andrew ZifferMarathon Property Group, LLCMore Info
678-521-2540

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.