The Union

3505 Highway 544, Conway, SC

$950,000

Price

4,960 sqft

Building Size

0.57 acres

Lot Area

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Street
Map
Overview
Building Size
4,960 sqft
Lot Area
0.57 acres
Description

OFFERED FOR SALE: Is this NNN Single Tenant Property Free Standing Restaurant/Bar located at 3505 Highway 544, Conway, SC. The Property is strategically located within close proximity to Coastal Carolina University, and within walking distance to thousands of Student Residential Units.

The Property is under a True Triple Net (NNN) Lease Agreement, and operating a College Style Bar/Music Venue. The Tenant operates on a limited schedule opening Thursday through Saturday and Special Events. The Tenant caters to the student population aged 21 years and older.


10 Yr Primary, Ends 9/30/30
1 X 5 Yr Option
Base Rent: $72,000/Yr/NNN
Escalations: Two Percent (2%) Annually, Currently $74,908.80/Yr/NNN

Highlights
  • Situated on a 0.57 Acre Tract with easy access from Highway 544.
  • 145' of Frontage along Highway 544.
  • Large Fluorescent Road Sign, with Reader Board.
  • The Building measures approximately 4,960 SF, with additional square footage with an outdoor patio located in the rear of the Building.
  • Concrete Block with New Roof.
  • New HVAC Units, New Sprinkler System, New Electrical System.
  • Full Kitchen, including 3 Compartment Sink and Hood System.
  • 5 Private VIP Sitting Areas surrounding the DJ Station.
  • Large Bar with Walk-In Beer Cooler.
  • The Restrooms are designed for heavy traffic with a total of 20 toilets/urinals and 12 Wash Basins.
Documents
Location
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