Commercial Real Estate in Ridgeland available for sale
Ridgeland Drive Through Restaurants For Sale

Drive Through Restaurant for Sale in Ridgeland, SC, USA

Drive Through Restaurants for Sale within 50 kilometers of Ridgeland, SC, USA

More details for 201 Okatie Village Dr, Okatie, SC - Retail for Sale

Okatie Village - 201 Okatie Village Dr

Okatie, SC 29909

  • Drive Through Restaurant
  • Retail for Sale
  • $6,661,488 CAD
  • 10,009 SF
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More details for 8 Presnell Cir, Beaufort, SC - Office for Sale

8 Presnell Cir

Beaufort, SC 29902

  • Drive Through Restaurant
  • Office for Sale
  • $4,094,039 CAD
  • 10,373 SF
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More details for 2505 Abercorn St, Savannah, GA - Retail for Sale

2505 Abercorn St

Savannah, GA 31401

  • Drive Through Restaurant
  • Retail for Sale
  • $5,065,506 CAD
  • 2,735 SF

Savannah Retail for Sale - Greater Savannah

Discover the prime opportunity to acquire a well-connected property at the heart of Savannah’s Starland District at 2505 Abercorn Street. The 0.57 acre lot spans an entire block between Abercorn and Drayton Streets, just north of E Victory Drive. The 0.57- and 0.33-acre parcels feature an existing 2,735-square-foot former bank with an attached four-lane drive-thru, convenient ingress/egress points, and 12 total surface parking spaces. A highly coveted location makes this a best-in-class opportunity for a retailer seeking an ideal new home or an ambitious multifamily developer looking to meet growing local residential demand. 2505 Abercorn Street is easily accessible, just 1.5 miles from Interstate 16, 9 miles from Interstate 95, and 2 miles from Downtown Savannah/River Street. The Bull Street commercial corridor, a charming and walkable thoroughfare from the Starland District through the Historic District, is less than half a mile away. Bull Street features some of the city’s best shopping and dining opportunities, providing substantial foot traffic to 2505 Abercorn Street. The location is perfectly poised to capture the elevated traffic with prominent pylon and monument signage providing excellent visibility. Zoned TC-1, or Traditional Commercial, this property offers incredible flexibility for a wide variety of commercial uses. A coastal city known for its vital seaport and rich history, Savannah is the oldest and fifth-most populous city in Georgia. In addition to the 242,000 residents and $2.6 billion in consumer spending within 10 miles of 2505 Abercorn Street, more than 14.8 million tourists visit the city annually, providing an additional $3.1 billion in spending. With an easily accessible and prominent location in the heart of Savannah’s Starland District, 2505 Abercorn Street offers the perfect new home for a retail business or multifamily development.

Contact:

The Commercial Group

Property Subtype:

Bank

Date on Market:

2023-08-08

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Drive Through Restaurants For Sale

Drive Through Restaurants

A drive-thru restaurant is a type of fast food establishment that provides customers with the ability to order and receive their meal while still in their car. This type of restaurant has been on the rise in recent years with an increase in demand for quick, mobile-friendly food options.

The majority of drive through restaurants are located on or near busy streets, making them easy for drivers to access. This accessibility can be attractive to investors as it will increase potential revenues by attracting more customers without extensive advertising costs.

Why should you buy a restaurant with a drive through as an investor?

There are many reasons to invest in a drive through restaurant. These restaurants can be profitable if they're modeled correctly and managed well. You need to consider several things when investing in a drive-through restaurant, such as location and demographics, before deciding whether or not it's right for you

The first thing that needs consideration is where your potential business should be located. A major factor here is population density - what does the neighborhood look like? Is there plenty of foot traffic on any given day? If so, this would mean more customers for the restaurant! You also want to make sure there are no competing businesses nearby that may lure away your customer base; try looking at some other areas of town with less competition and underserved population.

What are the costs of buying a drive through restaurant?

The costs to consider include the cost of the building, renovations or repairs and upgrades needed in order to do business. There may be additional fees such as franchise fees, permits, licensing. Talk to your broker about additional costs.

The cost for a commercial property itself will vary depending on the size and location; a building might cost more than one near a busy highway interchange with high traffic volume. The price per square foot also varies significantly by location.

How to make your purchase profitable and sustainable in the long run.

Purchasing a profitable drive-through restaurant requires careful research and consideration of what is needed in the area.

You will need to consider the most profitable drive-through locations, deciding if you want a single site or plan on multiple sites.

Consideration should be given to both established restaurants with traffic volumes that meet your needs as well as those which are under-performing but have potential for time and money investment to increase revenues.

Is it worth it for you to buy a drive thru restaurant now?

Right now is a a great time to invest in a drive through restaurant.

As of 2021, Interest rates are low and there is less competition for properties, which means you can get the property for less money than if you buy it later on down the road when prices and interest rates may increase. Additionally, now would be a good time to buy because people need convenient and safe food options during tough economic times.

Looking to lease a Drive Through Restaurant? View Drive Through Restaurants for lease