133 & 135 Magnolia Village Pkwy - Fast Food FOR SALE


Orangeburg, SC 29118
$2,697,000 USD
980-498-3293
133 & 135 Magnolia Village Pkwy, Orangeburg, SC for Sale
$2,697,000 USD
Fast Food - FOR SALE
1/5
null | 6.25% Cap Rate

133 & 135 Magnolia Village Pkwy
Orangeburg, SC 29118


HIGHLIGHTS

  • BRAND-NEW CONSTRUCTION
  • POSITIONED ALONG ORANGEBURG’S PRIMARY RETAIL CORRIDOR
  • EXPERIENCED MULTI-UNIT FRANCHISE OPERATORS

OVERVIEW

LONG-TERM NNN LEASE WITH CONTRACTUAL RENT GROWTH - Dunkin’: 15-year lease with ~6% increases every five years during the primary term and 5% increases in options - Firehouse Subs: 10-year lease with 10% increases every five years - Provides predictable income growth and inflation protection EXPERIENCED MULTI-UNIT FRANCHISE OPERATORS - Dunkin’ operated by a large multi-unit franchise group with 110+ locations nationwide - Firehouse Subs operated by an established regional franchise operator in the Southeast POSITIONED ALONG ORANGEBURG’S PRIMARY RETAIL CORRIDOR - Located along North Road (US-178) with approximately 28,500 vehicles per day - Surrounded by more than 900,000 SF of national retail within a one-mile radius BRAND-NEW CONSTRUCTION - Newly delivered asset built to each tenant’s latest prototype specifications - Modern construction minimizes near-term capital expenditures and operational risk DIVERSE ECONOMIC DRIVERS - Major employers include Husqvarna, Zeus Industrial Products, and Regional Medical Center - More than 10,000 students across South Carolina State University, Claflin University, and Orangeburg-Calhoun Technical College SHADOW-ANCHORED BY NATIONAL RETAILERS - Adjacent to Walmart Supercenter and TJ Maxx - Surrounded by Lowe’s, ALDI, Tractor Supply, McDonald’s, and numerous national retailers

FOR SALE DETAILS

PRICE

$2,697,000 USD

PRICE/SF

$724 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin’ & Firehouse Subs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

C

APN/PARCEL ID

0151-10-03-001.000

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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