5801 Fairfield Rd - Fast Food FOR SALE


Columbia, SC 29203- Far North Columbia
$2,025,000 USD
858-449-4503
5801 Fairfield Rd, Columbia, SC for Sale
$2,025,000 USD
Fast Food - FOR SALE
1/11
null | 5.99% Cap Rate

5801 Fairfield Rd
Columbia, SC 29203
Far North Columbia


HIGHLIGHTS

  • CORPORATE LONG TERM ABSOLUTE NNN LEASE
  • LARGE PARENT COMPANY – CKE RESTAURANTS INC.
  • COLUMBIA IS HOME TO UNIVERSITY OF SOUTH CAROLINA
  • IDEAL LOCATED OFF INTERSTATE 20 – 114k+ CPD
  • BUILT IN CUSTOMER BASE – SCHOOLS, HOTELS AND FORT JACKSON NEARBY

OVERVIEW

CORPORATELY GUARANTEED LEASE • Hardee’s has over 5,800 locations worldwide • Successful company founded over 65 years IDEALLY LOCATED DIRECTLY OFF INTERSTATE 20 • Subject property is located at the on/off ramp of the highly trafficked Interstate 20 • 114,200 cars per day along Interstate 20 COLUMBIA IS HOME TO UNIVERSITY OF SOUTH CAROLINA • University of South Carolina is just 5 miles from the subject property LARGE PARENT COMPANY – CKE RESTAURANTS INC. • Hardee’s was acquired by CKE Restaurants Inc in April 1997 • CKE Restaurants Inc has revenues in excess of $1.2 billion ATTRACTIVE LONG TERM CORPORATE ABSOLUTE NNN LEASE • Completely passive NNN investment – ZERO landlord responsibilities • Attractive 10% increases every 5 years in the Primary and Option Terms COVID-19 AND ECOMMERCE RESISTANT BUSINESS • Fast food drive thru buildings were one of the few Essential Services that were allowed to remain open for business throughout the pandemic BUILT IN CUSTOMER BASE • Hardee’s is surrounded by several elementary, middle and high schools providing a solid and consistent customer base • There are several nearby including the Wyndham Columbia immediately next to the subject property • Columbia is home to Fort Jackson

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/SF

$743 USD /SF

CAP RATE

5.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corp Hardee's | College Town | Hwy Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,535 SF

ZONING

C-3

APN/PARCEL ID

11708-01-05

ASK ABOUT THIS PROPERTY

Ed Colson, CCIMInvestCore CommercialMore Info
858-449-4503

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Ed Colson, CCIMInvestCore CommercialMore Info
858-449-4503

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