201 E Dekalb St
Camden, SC 29020
Pizza Hut #13660 · Retail Property For Sale

RTP Capital Advisors is pleased to present Pizza Hut #13660 in Camden, South Carolina, located within the Columbia MSA. This investment opportunity offers investors 10 years remaining on the current term of an absolute net lease with a 4.50% rent increase in April 2020. Pizza Hut is the largest pizza company in the world with over 16,000 locations in more than 100 countries and located in all 50 states of the US. Pizza Hut #13660 is operated by the well established Southeastern Restaurants Corporation, a 45-unit operator founded in 1999 with locations throughout Georgia, Alabama, and South Carolina. The subject property is located on Dekalb Street, Camden’s primary commercial thoroughfare, connecting the city with Columbia, just 25 miles away. Surrounded by the city’s main retailers, the subject property is close to major banking institutions and restaurants such as McDonald’s, Burger King, Bojangles’, and more, with a Piggly Wiggly just east of the property. Camden is the seat of Kershaw County, which has seen an estimated $143 million invested in existing companies since 2015. Multiple major area economic drivers are located within a three-mile radius of the subject property. Camden is also known for the world-renowned Carolina Cup Steeplechase races, which takes place at the Springdale Racecourse only a few miles from the subject property. Kershaw County is also part of the Columbia MSA, anchored by the state capital, and the second largest MSA in the state. Pizza Hut #13660 in Camden, SC represents an excellent opportunity to acquire an asset with a prominent tenant and a 10-year absolute net lease. We are pleased to present this investment opportunity for $1,126,000 at a 6.50% cap rate.