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3355 Patriot Pky
Sumter, SC 29154
Willie Sue's Restaurant 8% Caprate 10yr Lease · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Well-established restaurant for sale with a leaseback option
  • Prime location in large master planned development in Sumter
  • Profitability
  • Loyal customer base
  • Experienced staff

EXECUTIVE SUMMARY

Introducing a rare opportunity to acquire a well-established restaurant for sale with a leaseback option. This iconic establishment has a proven track record of success and a loyal customer base. With its prime location, exceptional ambiance, and top-notch culinary offerings, this restaurant presents a lucrative investment opportunity. The leaseback option provides the added benefit of generating consistent rental income while allowing the new owner to focus on the operation and growth of their business. Don't miss out on this turnkey investment in the thriving restaurant industry

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,240 SF
Building Class
A
Year Built
2014
Price
$3,306,720 CAD
Price Per SF
$529.92 CAD
Cap Rate
8%
NOI
$264,538 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.32 AC
Zoning
C-1 - Corperate Guaranteed Lease 10Years 8% Car Rate
Parking
60 Spaces (9.62 Spaces per 1,000 SF Leased)
Frontage
116’ on Patriot Parkway

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
185-00-01-137
Land Assessment
$13,950 CAD
Improvements Assessment
$55,364 CAD
Total Assessment
$69,314 CAD
  • Listing ID: 28959892

  • Date on Market: 2023-07-10

  • Last Updated:

  • Address: 3355 Patriot Pky, Sumter, SC 29154

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