918 S Mechanic St - Retail FOR SALE


Pendleton, SC 29670
$1,100,000 USD
864-376-3384
918 S Mechanic St, Pendleton, SC for Sale
$1,100,000 USD
Retail - FOR SALE
1/7
null | 6.15% Cap Rate

NEW


918 S Mechanic St
Pendleton, SC 29670


HIGHLIGHTS

  • Heavy Drive By Traffic Daily
  • Newly Renovated
  • Operating Franchise In Place
  • Excess Parking
  • Drive Through Window
  • Signage Can Be Viewed From Hwy 76

OVERVIEW

A rare opportunity to acquire a turn-key Subway franchise together with its associated real estate in Pendleton, South Carolina. This offering provides an investor or owner-operator with the ability to step into a fully operational, remodeled location of the world's largest restaurant brand while simultaneously owning the underlying real estate. Constructed in 2002 and fully remodeled in 2019/2020, the 1,650 SF freestanding building sits on a 0.55-acre parcel at 918 South Mechanic Street, with approximately 149 front feet of frontage and a drive-thru -- a premium format feature in the Subway system. The property sits just off US Highway 76, providing direct connectivity to Clemson (northwest) and Anderson (southeast), and is only minutes from Interstate 85. Pendleton is part of the Greenville-Spartanburg-Anderson MSA and benefits from the economic gravity of Clemson University (approximately 3 miles away), Tri-County Technical College, and Anderson University. The trade area combines a stable residential base with consistent daily traffic from students, faculty, healthcare workers, and commuters -- the exact customer mix Subway's speed-and-value model is built around. With Subway now under Roark Capital ownership (acquired 2024), the brand is in the midst of a multi-billion-dollar transformation program focused on remodels, menu innovation, and guest-experience upgrades. This location has already completed its modern remodel, positioning a new owner to benefit from the system's forward momentum on day one.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$1,000 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

-

APN/PARCEL ID

040-13-02-014

ASK ABOUT THIS PROPERTY

Chris MerloUpstate Commercial GroupMore Info
864-376-3384

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Chris MerloUpstate Commercial GroupMore Info
864-376-3384

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