2497 Broad St - Freestanding FOR SALE


Sumter, SC 29150
$3,041,148 USD
678-521-2540
2497 Broad St, Sumter, SC for Sale
$3,041,148 USD
Freestanding - FOR SALE
1/8
null | 7.75% Cap Rate

2497 Broad St
Sumter, SC 29150


HIGHLIGHTS

  • Absolute NNN Lease – Completely passive income; tenant covers all expenses including taxes, insurance, CAM, HVAC, roof, and structure.
  • Attractive Building & Site – 4,894 SF building on a 1.25-acre lot with 88 parking spaces and excellent visibility and access.
  • Prime Retail Corridor – Located on Broad Street (US Hwy 378) with 30,000+ vehicles per day, surrounded by Walmart, Lowe’s, Hobby Lobby, T.J. Maxx, and
  • Strong Local Demand Drivers – Anchored by Shaw Air Force Base, a major military installation, along with healthcare, education, and manufacturing empl

OVERVIEW

This Applebee’s in Sumter, South Carolina, offers investors a rare opportunity to acquire a fully leased, single-tenant property. The restaurant sits on a 1.25-acre parcel with 4,894 SF of building area, featuring excellent visibility along Broad Street (US Hwy 378) with 30,000+ vehicles per day. The lease is structured as an absolute NNN, leaving the landlord with no responsibilities for taxes, insurance, CAM, HVAC, roof, or structure—providing completely passive income. Current rent runs through March 2028, with 7.5% rent increases every five years and four (4) five-year renewal options extending occupancy through 2048. Strategically positioned in Sumter’s dominant retail corridor, the property benefits from proximity to Walmart, Lowe’s, Hobby Lobby, T.J. Maxx, and eight national-brand hotels within a half-mile, along with strong demand generated by nearby Shaw Air Force Base. The location demonstrates proven retail performance, supported by national retailers and steady daytime and evening traffic from military families, travelers, and local residents. This offering delivers investors a stable, credit-backed tenant, predictable income growth, and long-term security in a market with strong demand drivers and ongoing commercial development.

FOR SALE DETAILS

PRICE

$3,041,148 USD

PRICE/SF

$621 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

LC

APN/PARCEL ID

203-07-01-020

ASK ABOUT THIS PROPERTY

Andrew ZifferMarathon Property Group, LLCMore Info
678-521-2540

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Andrew ZifferMarathon Property Group, LLCMore Info
678-521-2540

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