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707 Gervais St
Columbia, SC 29201
Property For Lease

Property Facts

Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 8,542 SF
Year Built 1949
Parking Ratio 1.3/1,000 SF

About the Property

Closed Newk’s Eatery for Lease – Freestanding Downtown Columbia South Carolina Steps from River & U of SC- $1.2M Buildout – No Purchase Required – Any Concept Works Newk’s Eatery National Franchise for sale. Located at 707A Gervais St, Columbia, SC 29201. “In your face” Downtown Columbia South Carolina Location. Steps from River & University of South Carolina. High Visibility. $1,200,000 state of the art build-out. Freestanding 4,760/sf. Seating for 120 guests. Outdoor covered patio seats 25. $8,500 monthly, all in, rent. A five-year lease with a five-year option to renew. Established in 2016. Keep or Convert to any Concept. Due diligence is available. Priced at $150,000 which includes all furniture, fixtures, equipment and $40,000 Aloha POS System or lease without all assets at $45,000. Both options include administration fees and $24,000 ( three months rent ) in Landlord Security Deposits necessary to close.

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  • Listing ID: 15474819

  • Date on Market: 3/18/2019

  • Last Updated:

  • Address: 707 Gervais St, Columbia, SC 29201

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