
Listed by Avison Young - Charleston
$1,895,000
3662 Trask Parkway
Details
APN R12002600001900000
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 1,840
Year Built 2021
Retail | 1,840 SqFt
Marketing description
For the full details on this investment opportunity, register for the Offering Memorandum at https://www.avisonyoung.us/properties/3662-trask-parkway.Freestanding, single-tenant restaurant investment leased to Sub Station II, featuring a stabilized operating location with a long-term lease in place through June 2032 and four additional five-year renewal options. The asset is structured under a triple-net (NNN) lease, with the tenant responsible for taxes, insurance, CAM, utilities, and maintenance-- providing a passive income stream for investors. The property is supported by dual personal guarantors and a history of consistent rent payments, offering stable and predictable cash flow within a proven restaurant location.The property is positioned along Trask Parkway (US 21), Beaufort's primary hospitality and military corridor, rather than a standalone retail location. The site benefits from immediate proximity to multiple hotels, including Hilton-branded properties, with hundreds of existing hotel rooms within the corridor and additional lodging development in the area.This location supports consistent demand from overnight guests, military families, contractors, and tourism traffic. The corridor is further driven by nearby Marine Corps Recruit Depot Parris Island and MCAS Beaufort, which generate year-round visitation, graduation-related travel, and recurring dining demand. Combined with strong visibility and access along US 21, the property is well located within one of Beaufort County's most active commercial corridors.-Absolute NNN lease structure-Full dual personal guarantor-Hotel adjacent-Military-driven demand from nearby Parris Island & MCAS Beaufort-Long-term lease through June 2032 with four 5-year options-Passive 1031-friendly investment
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Listed by Avison Young - Charleston
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