Summerville Retail for Sale - Outlying Berkeley County
Pegasus Investments Real Estate Advisory Inc., in conjunction with ParaSell, Inc., is pleased to present the exclusive opportunity to acquire a 100% absolute triple net (NNN) leased, fee-simple interest in a top performing Carolina Ale House in Summerville, South Carolina, an affluent and rapidly growing suburb of Charleston (the “Property”).
The Property sits at the entrance to Nexton – a 5,000 acre master planned community, which was ranked as the #1 Master Planned Community in the U.S. in the 2025 PRISM Awards. Nexton is home to over 12,000 residents and over 2,500 daytime employees. Since opening in 2015, the developers have sold over 3,200 homes and leased 3,000 class A apartment units. Additional phases of Nexton are in development and will include a hospital, additional apartment complex, and community clubhouse, all of which will continue to bolster the long-term real estate value of the Carolina Ale House.
The Property contains nearly 10,000 SF of gross leasable area on a large 1.66 AC lot featuring 102 exclusive parking spaces and cross access with a high-performing Starbucks drive-thru, soon to be developed retail bank parcel and a 100K Class-A office building headquartering KION North America, the second largest industrial truck manufacturer in the world.
Carolina Ale House, currently operated by one of the original franchisees, is a free standing restuarant that resembles a typical london ale house with a southern flair, and has successfully operated in Summerville for over 10 years. The Property, opened in 2014 at this exceptional location, has consistently achieved annual revenue in excess of $6 million and is approaching $7 million in revenue for 2025. Founded in 1999, Carolina Ale House has 23 locations operating across the southeast. The Property currently ranks as the highest performing unit in South Carolina (1/6) and the second highest in the chain (2/23) according to Placer.ai data. The current owner-operator will commit to a new 10-year absolute net lease at the close of escrow.