144 Chesterfield hwy - Retail FOR SALE


Cheraw, SC 29520
$1,999,999 USD
760-720-5449
144 Chesterfield hwy, Cheraw, SC for Sale
$1,999,999 USD
Retail - FOR SALE
1/7
null | 5.4% Cap Rate

144 Chesterfield hwy
Cheraw, SC 29520


HIGHLIGHTS

  • Long-Term Absolute NNN Lease | 20 year lease with zero landlord responsibilities
  • Inflation Protection | Rent is scheduled to increase 10% every 5 years, including option
  • Corporately Guaranteed Lease | The lease is backed by the Church’s Texas Chicken corporate guaranty, operating over 1400 locations globally

OVERVIEW

Long-Term Absolute NNN Lease 20 year lease with zero landlord responsibilities Brand new 2025 Construction Most recent Church’s Chicken prototype building Inflation Protection Rent is scheduled to increase 10% every 5 years, including option Corporately Guaranteed Lease The lease is backed by the Church’s Texas Chicken corporate guaranty, operating over 1400 locations globally Excellent Visibility Located on Chesterfield Hwy with over 12,000 cars passing the site every day Less than 1 mile east of Cheraw High School (w650 students), Long Middle School (450 Students), Cheraw Intermediate School (430 Students), Cheraw Primary School (468 Students) Limited Competition Only two other national chicken focused retailer currently in Cheraw Close Proximity to Major Employers Schaeffler Group USA (1,700+ employees), Highland Industries (500+ employees), Carolina Cleaners (370+ employees), Crown Cork & Seal (200 + employees)

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$2,008 USD /SF

CAP RATE

5.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Church’s Chicken

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

General Commercial

APN/PARCEL ID

259-003-008-001

ASK ABOUT THIS PROPERTY

Greg LabarreSRS Real Estate PartnersMore Info
760-720-5449

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Greg LabarreSRS Real Estate PartnersMore Info
760-720-5449

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