$2,612,817 USD
706-814-2217
2423 Broad River Rd
Columbia, SC 29210
St Andrews
HIGHLIGHTS
- 7+ years remaining on an Absolute Triple Net (NNN) Lease with 8% increases at each 3 x 5 year option.
- Restaurant has operated at this location for more than 30 years.
- Strong corporate guarantee from one of the leading brands in chicken QSR, with over 800 units and growing.
- Located directly along Broad River Road, which sees over 38,600 vehicles per day.
- Less than 1 mile from Interstate 20 with over 108,000 vehicles per day.
- Nearly half a million in capital investment by the tenant in 2023, showing a long-term commitment to the location.
OVERVIEW
Sands Investment Group is pleased to exclusively present for sale the 4,236 SF Bojangles located at 2423 Broad River Road in Columbia, SC. This opportunity features over 7 years remaining on an Absolute Triple Net (NNN) Lease, offering a hands-off, zero-landlord-responsibility investment. The lease includes 8% rental increases at each of the three 5-year option periods, providing a strong hedge against inflation and consistent long-term income growth.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
FOR SALE DETAILS
PRICE
$2,612,817 USD
PRICE/SF
$617 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bojangles - 2423 Broad River Rd, Columbia, SC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.08 AC
LAND SF
47,045 SF
ZONING
GC
APN/PARCEL ID
07403-05-02
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706-814-2217
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706-814-2217
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