REIT Sale | Former Hardee’s with Drive-Thru | 23K VPD | Charlotte MSA | 1-Acre

Highlights:

• Freestanding Former Hardee’s Restaurant with Drive-Thru on Expansive 1-Acre Parcel
• Highway Frontage of ±15,237 VPD Traffic Counts on J A Cochran Bypass and ±8,746 VPD on Lancaster Hwy; Off Signalized Corner
• National Retailers Nearby and Adjacent: CVS, Walmart, Dollar General, KJ’s Market, CVS, McDonald’s, Taco Bell, Wendy’s, Bojangles, Auto Zone, Waffle House, Subway, Roses
• Central Location 15-Min to I-77, 45-Mi to Charlotte, NC, 45-Mi to Union, SC, and 1-Hr to both Spartanburg and Columbia, SC
• Attractive Demographics with Annual Household Income of ±$59,688 and ±13,749 People and within 5-Mile Radius
• Zoned GC, General Commercial District with a Variety of Commercial Uses
• Absolute $1 Auction – NO RESERVE!

Description:

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing restaurant/QSR building located at 1791 J.A. Cochran Bypass in Chester, South Carolina (the “Property”). Formerly occupied by Hardee’s, the Property is 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. FIRST BID MEETS RESERVE!

Constructed in 1993, the Property consists of a ±3,606 SF single-story restaurant building situated on a ±1.035-acre parcel (±45,090 SF). Positioned near the intersection of J.A. Cochran Bypass (±15,237 VPD) and Lancaster Highway ( ±8,746 VPD), the Property benefits from frontage along J A Cochran Bypass, excellent visibility, and exposure. Three points of ingress and egress provide convenient access and efficient site circulation, while a dual pylon sign and approximately 66 surface parking spaces further enhance the Property’s functionality and customer accessibility. Previously occupied by Hardee’s under a triple-net (NNN) lease, the Property presents an attractive value-add leasing opportunity, with CoStar retail market rents ranging from approximately $14-26 PSF NNN. Existing improvements include a commercial kitchen, drive-thru lane, dining area, walk-in cooler/freezer, restaurant infrastructure, exterior pole lighting, building signage, and concrete sidewalks, substantially reducing the time and capital required for a new operator to commence operations. Zoned GC (General Commercial), the Property accommodates a broad range of retail, restaurant, automotive, medical, and service-oriented uses, benefiting from established commercial synergy, strong consumer traffic, and long-term redevelopment flexibility.

Strategically located in Chester, the county seat of Chester County, South Carolina, the Property benefits from a prominent location along J.A. Cochran Bypass (SC-9 Bypass), one of the city’s primary commercial corridors. Positioned ±45-mi south of Downtown Charlotte, Chester serves as an important regional retail and service hub between the Charlotte metropolitan area and Columbia, providing convenient access to two of the Carolinas’ largest economic centers. The Property is surrounded by a strong concentration of national and regional retailers including Walmart Supercenter, Food Lion, CVS, KJ’s Market, AutoZone, Dollar Tree, McDonald’s, Burger King, Taco Bell, and numerous additional restaurants, retailers, and service-oriented businesses that generate consistent consumer traffic throughout the trade area. Interstate 77, located ±15-min from the Property, provides direct north-south connectivity to Charlotte, Columbia, and the broader Southeast, reinforcing the corridor’s role as Chester County’s primary retail destination. The surrounding area benefits from a diverse economic base supported by advanced manufacturing, distribution, healthcare, education, and government employment. Major employers including Giti Tire, Eaton Corporation, Ross Distribution Center, MUSC Health Chester Medical Center, and Chester County School District contribute to a stable daytime workforce and long-term consumer demand. Within a 5-mi radius, the Property serves ±13,749 residents with an average household income exceeding ±$59,000, providing a solid customer base for restaurant, retail, automotive, medical, and service-oriented users. Supported by strong retail synergy, regional accessibility, and continued investment throughout the Charlotte-to-Columbia corridor, the location is well positioned for owner-users, investors, or developers seeking to capitalize on an established commercial trade area.


For more information:
https://rimarketplace.com/auction/3339/retail/chester/sc?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=september24_2026&utm_content=retail_3339

Bidding Opens
Sep 23, 2026 12:00 AM
Bidding Ends
Sep 25, 2026 12:00 AM