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Bojangles' 1125 S 4th St 3,160 SF Retail Building Hartsville, SC 29550 $2,628,840 ($831.91/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • This lease provides zero landlord responsibilities, providing an investor with 100% passive income.
  • The property is located directly off the major South Carolina Highway 151 and is easily accessible from U.S Route 15
  • Within just blocks of the property sit multiple retail centers anchored by a Walmart Supercenter, Lowe’s Home Improvement, and ACE Hardware.
  • 1.5% annual rental increases throughout the term of the lease, providing the Landlord with positive rent growth and a significant inflation hedge.
  • With ±790 locations in the United States, Bojangles is located across 14 states and has a strong foothold in the Southeast.
  • The property was constructed in 2020 with both an easily accessible drive-through and dine-in options.

EXECUTIVE SUMMARY

Kyle Matthews
License No. 22684 (SC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,160 SF
Year Built
2020
Price
$2,628,840
Price Per SF
$831.91
Cap Rate
7%
NOI
$184,019
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.51 AC
Opportunity Zone
Yes

AMENITIES

  • Restaurant
  • Drive Thru

NEARBY MAJOR RETAILERS

Zaxby's
Shoney’s
Huddle House
Starbucks
SouthState Bank
Piggly Wiggly
Cook Out
Applebee's
Wow Cafe
The YMCA
  • Listing ID: 32585178

  • Date on Market: 7/25/2024

  • Last Updated:

  • Address: 1125 S 4th St, Hartsville, SC 29550

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