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107 Screven St 2,146 SF of Retail Space Available in Georgetown, SC 29440
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 2,146 SF | 5 Years | $15.45 CAD/SF/YR $1.29 CAD/SF/MO $33,148 CAD/YR $2,762 CAD/MO | Double Net |
1st Floor, Ste A
Move-in Ready Space for Restaurant – Fully Equipped Total Rentable Area: Approximately 2,146 sq ft of prime first-floor restaurant/retail space. Permitted Use: Specifically designated for a pizza restaurant. This space is turnkey and optimized for immediate restaurant operations. Floor Layout: Spacious open footprint with a full bar setup and plentiful seating for in person dining. Rent Structure: Performance-based model featuring a 6.0% of verifiable gross monthly revenue or a minimum monthly rent (MMR), whatever is greater. Base Rent Schedule: MMR is set at $1,995/month Pro-Rata Expenses: Tenant responsible for a 50% share of property taxes, insurance, and common area maintenance (TICAM). TICAM is approximately $4.52/SF/YR HVAC Maintenance: Tenant is responsible for a routine service contract with a licensed HVAC contactor to ensure system longevity. Zoning: Core Commercial (CC) within the City of Georgetown, ideal for high-traffic retail or food service. Common Area Access: Includes exclusive access to the alley along right and back elevation of building. Improvements: Tenant may make non-structural interior alterations and additions with prior Landlord approval.
- Lease rate does not include certain property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Steps From Front Street
- High Visibility Location
- Turkey Ready for Restaurant Operator
- Full Bar Setup
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,146 SF | Gross Leasable Area | 2,146 SF |
| Property Type | Retail | Year Built/Renovated | 2004/2023 |
| Property Subtype | Restaurant |
| Total Space Available | 2,146 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,146 SF |
| Year Built/Renovated | 2004/2023 |
About the Property
Secure a premier 2,146 SF fully built out and ready to operate restaurant space in the heart of Georgetown’s vibrant Historic District. Located on the first floor of a well-maintained 1964 building (recently remodeled in 2023) this unit offers an exceptional opportunity for a pizza restaurant or high-traffic retail/restaurant concept looking to capitalize on the city's coastal charm and year-round tourism. Key Features: Move-In Ready for Food Service: Specifically designated for use as a pizza restaurant with existing infrastructure for restaurant operations. Flexible Lease Structure: Performance-based model featuring a 6.0% of gross monthly revenue or a minimum monthly rent (MMR), whatever is greater—providing a performance-based floor ideal for growing businesses. Highly Visible Location: Situated in the CC (Core Commercial) zoning district, just steps from the popular Front Street waterfront, award-winning dining, and boutique shopping. Excellent Amenities: This facility offers a turnkey restaurant solution featuring a dedicated Point of Sale (POS) system and a full bar setup complete with beverage guns, lines, and keg taps. The kitchen is high-performance ready, anchored by a wood-fired pizza oven that can be converted to natural gas and a kitchen hood equipped with an Ansul fire suppression system. The building is well-insulated and fully sprinklered, supported by high-capacity electrical, HVAC, and plumbing utilities to handle demanding commercial operations. Lease Terms: Size: +/- 2,146 Rentable Sq Ft Term: 60 Months with renewal options Base Monthly Rent: $1,995 Type: Double Net (NN) - Tenant responsible for pro-rata share (50%) of Taxes, Insurance, and CAM. Estimated TICAM: $4.52/SF/YR Zoning: Core Commercial (CC), City of Georgetown
Nearby Major Retailers
Presented by
Main Gate Management, LLC
107 Screven St
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