10605 Broad River Rd - Fast Food FOR SALE


Irmo, SC 29063- Northwest Columbia
$2,867,000 USD
949-506-2009
10605 Broad River Rd, Irmo, SC for Sale
$2,867,000 USD
Fast Food - FOR SALE
1/10
null | 5.45% Cap Rate

10605 Broad River Rd
Irmo, SC 29063
Northwest Columbia


HIGHLIGHTS

  • Brand New 15-Year Absolute NNN | 10% Increases Every 5 Years
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Frontage to 21,400 VPD
  • Affluent, Growing Columbia MSA Suburb

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Dutch Bros investment property located in Irmo, South Carolina. The tenant, Boersma Bros. LLC (dba Dutch Bros) recently signed a brand new 15 year lease, with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$2,867,000 USD

PRICE/SF

$2,650 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | New 15yr Corp Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

CG

APN/PARCEL ID

R03300-08-45

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.