$1 Auction - REIT Sale | Former Burger King | 26K VPD… — Sale in Aiken, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Aiken, SC 29801

Photos

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$1 Auction - REIT Sale | Former Burger King | 26K VPD… — Sale in Aiken, SC, photo 8 of 8

Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3381/retail/aiken/sc 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. Investment Highlights: • ABSOLUTE $1 AUCTION | Former Burger King | 26K VPD | Grocery Shadow Anchored | AUCTION OCTOBER 19-21 • Freestanding QSR with Built-In Upside - ±3,342 SF former Burger King on ±1.038 acres offers restaurant reuse or repositioning potential. • Signalized Hard Corner on US Highway 1 - Site near US-78 intersection with ±26K VPD visibility, ±10K VPD road frontage, and 2 access points. • Existing Drive-Thru and Restaurant Build-Out - Kitchen, dining area, walk-in cooler/freezer, signage, and infrastructure can speed re-tenanting. • Surrounded by Major National Retailers - KJ's Market, Family Dollar, CVS, McDonald's, Dollar General, Popeyes, Advance Auto Parts • Strong Five-Mile Consumer Demographics - ±43,219 residents live within 5 miles, with average household income exceeding $95,000. • Absolute $1 Auction - First B

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