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Wendy's 205 W Church St 3,538 SF Retail Building Batesburg-Leesville, SC 29006 $2,088,726 ($590.37/SF) 6.65% Cap Rate
Investment Highlights
- PREMIER NATIONAL BRAND – Wendy’s stands as a globally recognized quick-service restaurant (QSR) leader, boasting over 6,500 locations
- RECENT NEARBY DEVELOPMENTS & SURROUNDING RETAILERS – The area has seen significant commercial growth with T-Mobile and Starbucks entering the market.
- STRATEGIC ECONOMIC DEVELOPMENT INITIATIVES – The town has invested in substantial infrastructure improvements, notably the expansion of Highway 1
- NEARLY TWO DECADES OF SUSTAINED PERFORMANCE – This Wendy’s location has been operating successfully for nearly two decades, demonstrating strong
- EXPERIENCED OPERATOR – The property is operated by Carolina Restaurant Group Inc, a seasoned franchisee managing over 120 Wendy’s locations
- ABSOLUTE NNN LEASE – This Wendy’s has 14.7 years remaining on an absolute NNN lease with zero landlord responsibilities.
Executive Summary
Broker of Record
Kyle Matthews
License No. 22684 (SC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
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
3,538 SF
Building Class
C
Year Built
2007
Price
$2,088,726
Price Per SF
$590.37
Cap Rate
6.65%
NOI
$138,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.47 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Amenities
- Restaurant
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Founded in 1969 by Dave Thomas in Columbus, Ohio, Wendy's began as a single hamburger restaurant and grew into a franchise-based quick-service chain. The company serves a menu centered on square hamburgers made with fresh beef, along with chicken sandwiches, salads, chili, baked potatoes, breakfast items, and the Frosty dessert. Wendy's operates through company-owned and franchised restaurants and uses a system that extends across a broad international footprint. The business remains focused on restaurant operations, menu development, and franchising as part of The Wendy's Company.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005918-08-005 | Improvements Assessment | $24,939 |
| Land Assessment | $8,391 | Total Assessment | $33,330 |
Property Taxes
Parcel Number
005918-08-005
Land Assessment
$8,391
Improvements Assessment
$24,939
Total Assessment
$33,330
Contacts
-
Vincent Renna -
Cade Norland -
Connor Olandt -
Matthews Real Estate Investment Services
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