Retail Space
106 Parkway Avenue Summerville, SC 29483
Details & Description
Price: $2,700,000
    Well-known restaurant property in the heart of Summerville sits on 1.43 acres with 60 free parking spaces available. This property has approximately 156 feet of frontage on Berlin G Myers Parkway and 59 feet of frontage on Parkway Ave. With over 23,000+ households within a 3 mile radius. This is a sale-leaseback situation.Seller will sign a new NNN lease for 10 years with 2 5-year options. Base rent would be $144,000 per year / $12,000 per month.LocationLocated just 23 minutes to the Charleston International Airport
    Listing Agents
    Steve Radekopf

    O: 843-579-2217
    M: 843-514-0761
    steve.radekopf@sperrycga.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    106 Parkway Avenue

    Summerville, SC 29483

    Listing ID: 216161
    • 106 Parkway Avenue Summerville, SC 29483 | for Sale | Photo 1
    • 106 Parkway Avenue Summerville, SC 29483 | for Sale | Photo 2
    • 106 Parkway Avenue Summerville, SC 29483 | for Sale | Photo 3
    106 Parkway Avenue | for Sale | Thumbnail 1
    106 Parkway Avenue | for Sale | Thumbnail 2
    106 Parkway Avenue | for Sale | Thumbnail 3
    Building Size: 8,856 SF
    Lot Size: 1.430 AC
    Land Size: 62,290 SF
    Building $/SF: $304.88
    Land $/SF: $43.35
    Price
    $2,700,000
    Description

    Well-known restaurant property in the heart of Summerville sits on 1.43 acres with 60 free parking spaces available. This property has approximately 156 feet of frontage on Berlin G Myers Parkway and 59 feet of frontage on Parkway Ave. With over 23,000+ households within a 3 mile radius. This is a sale-leaseback situation.

    Seller will sign a new NNN lease for 10 years with 2 5-year options. Base rent would be $144,000 per year / $12,000 per month.

    Location

    Located just 23 minutes to the Charleston International Airport

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Charleston History of Retail Space for Sale

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    Summerville Area Market Trends

    Listing Demographics for 106 Parkway Avenue Summerville, SC 29483

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,43048,956131,735
    Population Median Age383937
    Population by Age0-9 Yrs1038 (16%)6292 (12%)17950 (13%)
    10-19 Yrs581 (9%)5949 (12%)18200 (13%)
    20-29 Yrs860 (13%)6513 (13%)17491 (13%)
    30-39 Yrs1149 (17%)7116 (14%)18594 (14%)
    40-49 Yrs542 (8%)5928 (12%)17074 (12%)
    50-59 Yrs929 (14%)6530 (13%)17521 (13%)
    60-69 Yrs771 (11%)5989 (12%)14029 (10%)
    70+ Yrs559 (8%)4638 (9%)10877 (8%)
    Median HH Income$45,263$56,464$60,041
    Total Household Income< 24K748 (29%)3512 (19%)8405 (17%)
    25-49K647 (25%)4382 (24%)10606 (22%)
    50-74K394 (15%)3874 (21%)9878 (20%)
    75-99K210 (8%)2369 (13%)7227 (15%)
    100-199K394 (15%)3363 (18%)9594 (20%)
    200K+115 (4%)651 (3%)1771 (3%)
    Highest Education LevelNo Diploma53431038345
    Diploma or GED1370967725149
    Some College1109869221812
    Assoc. Degree484386810313
    Bachelors Degree651553314449
    Higher Degree29628157424
    Total Housing Units2,67019,39551,241
    --Owner-Occupied1,31812,35332,827
    --Renter-Occupied1,1895,79814,654
    Owner-Occupied Values< 100K24016084571
    100-199K430565514270
    200-299K34230858937
    300-399K20110813057
    400-499K465161089
    500K+60408903
    Total Working Age Population4,98739,057102,765
    In Work Force2,96625,06667,687
    Not In Work Force2,02213,99235,078
    Workforce Employed2,75823,20763,439
    Workforce Unemployed2081,7153,470
    Civlian Workforce2,96524,92266,909
    Military Workforce0144778
    Total Households2,50818,15147,481
    Family Households1,45711,90532,846
    Non-Family Households1,0516,24514,635
    Married Couple8468,48023,007
    Other Family6113,4259,838
    Married w/Child2683,0029,167
    Single Male w/Child35173976
    Single Female w/Child2921,5544,394

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    South Carolina4,012,012+154,625,364+95,020,400+95,488,460
    Berkeley County142,651+25177,843+8192,450+11214,140
    Charleston County309,969+13350,209+5366,380+6386,660
    Colleton County38,264+238,892+1143,080+746,250
    Dorchester County96,413+42136,555+9149,300+14170,210

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 106 Parkway Avenue in Summerville?
    The asking price for 106 Parkway Avenue is $2,700,000
    What is the building size of this Retail property in Summerville, SC?
    The size of the building/unit at 106 Parkway Avenue in Summerville is 8,856 square feet
    How much land does the Summerville, SC property at 106 Parkway Avenue include?
    106 Parkway Avenue in Summerville includes 1.430 acres of land
    What kind of Retail is the propery at 106 Parkway Avenue?
    The property at 106 Parkway Avenue Summerville, SC 29483 is listed as a Food Service Retail property
    What is the population within 1 mile of 106 Parkway Avenue in Summerville?
    The population within 1 mile of 106 Parkway Avenue Summerville, SC 29483 is 6,430 people.
    Who do I contact for questions about 106 Parkway Avenue?
    You should contact the listing agent, Steve Radekopf, for any details regarding this commercial listing.

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    1638 Red Bank Road, Goose Creek, SC $2,000,000 950 1.15
    6150 Rivers Avenue, North Charleston, SC $990,000 2400 0.96
    6072 Rivers Avenue, North Charleston, SC $1,499,000 2485 0.67
    4762 Rivers Avenue, North Charleston, SC $672,000 4456 0.42

    Closest Commercial Airports

    Airport Distance (mi)
    Charleston Air Force Base-International Airport (CHS) 11
    Columbia Metropolitan Airport (CAE) 84
    Savannah Hilton Head International Airport (SAV) 86