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32285748

918 South Mechanic Street, Pendleton, SC 29670 For Sale

CM
SC 45509
Upstate Commercial Group
Listed by Upstate Commercial Group
$995,000
84 days on market
Updated 30 days ago

918 South Mechanic Street Subway

Details
APN 040-13-02-014
Property Type Retail
Sub Type Restaurant
Square Footage 1,650
Cap Rate 6.15%
Occupancy 100%
Tenancy Single
Brand/Tenant Subway
Lease Type NNN
Price per SqFt $667
Year Built 2002
Year Renovated 2020
Buildings 1
Acreage 0.550
Investment Type Owner/User
Ground Lease No

Retail | 6.15% CAP | 1,650 SqFt

Marketing description

A rare opportunity to acquire a turn-key Subway franchise together with its associated real estate in Pendleton, South Carolina. This offering provides an investor or owner-operator with the ability to step into a fully operational, remodeled location of the world's largest restaurant brand while simultaneously owning the underlying real estate.

Constructed in 2002 and fully remodeled in 2019/2020, the 1,650 SF freestanding building sits on a 0.55-acre parcel at 918 South Mechanic Street, with approximately 149 front feet of frontage and a drive-thru -- a premium format feature in the Subway system. The property sits just off US Highway 76, providing direct connectivity to Clemson (northwest) and Anderson (southeast), and is only minutes from Interstate 85.

Pendleton is part of the Greenville-Spartanburg-Anderson MSA and benefits from the economic gravity of Clemson University (approximately 3 miles away), Tri-County Technical College, and Anderson University. The trade area combines a stable residential base with consistent daily traffic from students, faculty, healthcare workers, and commuters -- the exact customer mix Subway's speed-and-value model is built around.

With Subway now under Roark Capital ownership (acquired 2024), the brand is in the midst of a multi-billion-dollar transformation program focused on remodels, menu innovation, and guest-experience upgrades. This location has already completed its modern remodel, positioning a new owner to benefit from the system's forward momentum on day one.

Investment highlights

  • Located on South Mechanic Street with approximately 149 front feet, minutes from US Highway 76 and under 5 miles to Interstate 85
  • Subway operates approximately 37,000 restaurants in more than 100 countries -- the largest single-brand restaurant chain in the world
  • Over 20,000 U.S. locations, giving the brand one of the deepest real estate footprints in the QSR sector
  • Owned by Roark Capital since 2024, with active reinvestment in menu, technology, remodels, and operations
  • Strong Clemson-driven trade area: university population, faculty, healthcare (Prisma Health), and tourism traffic from Lake Hartwell and Lake Keowee.
  • Approximately 18,500 cars pass by this location on Highway 76
  • Turn-key opportunity: real estate + franchise business + equipment conveyed together

Listing Contacts

CM
SC 45509
Upstate Commercial Group
Listed by Upstate Commercial Group

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