This Property is no longer advertised on Showcase.com.
Off Market
1/20

805 Folly Rd
Charleston, SC 29412


HIGHLIGHTS

  • 4500+ TRAFFIC COUNT DAILY
  • 93' ROAD FRONTAGE ON FOLLY ROAD
  • LESS THAN 1 MILE TO THE James Island CONNECTOR TO DOWNTOWN CHARLESTON

OVERVIEW

Location, Location, Location. This free standing restaurant building is less than 1 Mile to the James Island Connector to Downtown Charleston, and excellent visibility on Folly Road with a 4500+ daily traffic count. Currently operating as Gillie's Soul Food (business not for sale), this established tenant of the building has lease it for the past 3.5 years. The building was completely renovated over the past 4 years. 805 Folly Road offers buyers a turn key opportunity with a lease in place until September 2022. Upgrades include but are not limited to a brand new HVAC (2020), a 4 year old roof, and all restaurant appliances (inclusive of walk-in freezer) and furniture convey with sale. The current tenant lease rate is $4,120/month rent gross and the tenant also covers all property taxes and insurance on top of the monthly rent (NNN). The .21 acre lot has 93' of road frontage on Folly Road. The outdoor deck is perfect for dining al fresco, and can seat approximately 40-50+ additional patrons depending on set up. Parking in the front of the building is on the lot, and behind the building the parking is provided by the Town of James Island at no cost to the owner.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

2135

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

425-02-00-163