For Auction
REIT Sale | Former Burger King | 26K VPD | Grocery Shadow Anchored
Aiken, SC 29801Represented by
Marcus & Millichap
Asset Snapshot
Investment Highlights
Offering Summary
For Tours prior to auction, please email Kyle.Hynes@marcusmillichap.com & Philip.Kates@marcusmillichap.com
**Tours will not be allowed after auction.
Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 1110 York Street NE in Aiken, South Carolina is a vacant ±3,342 SF freestanding restaurant/QSR on ±1.038 acres offered significantly below replacement cost, presenting an attractive opportunity for owner-users, investors, or developers to acquire a highly visible retail asset at an exceptional basis. Built in 2001 and formerly occupied by Burger King, the Property features a drive-thru, pylon sign, commercial kitchen, dining area, walk-in cooler/freezer, approximately 51 parking spaces, and two points of ingress/egress. Positioned along US Highway 1 near US-78, the site benefits from a signalized hard-corner setting and exposure to approximately 26,218 combined VPD. CoStar reports retail market rents of approximately $16–$20 PSF NNN. GB, General Business zoning, supports a broad range of retail, restaurant, commercial, and service-oriented uses, creating flexibility for owner occupancy, lease-up, adaptive reuse, or redevelopment.
Due Diligence
Location
Aiken is the county seat of Aiken County within the Augusta-Aiken MSA, about 35 minutes from Augusta and one hour from Columbia. The Property sits along US Highway 1 near US-78, approximately 6 miles from I-20. Employers include Savannah River Site, Bridgestone, Kimberly-Clark, and healthcare providers. The 5-mile area includes ±43,219 residents with $95K+ average household income.
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
