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- LoopNet Team
2120 Clemson Rd
Columbia, SC 29229
Wendy's · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
ABOUT 2120 CLEMSON RD , COLUMBIA, SC 29229
Marcus & Millichap, on behalf of ownership, is pleased to exclusively offer the fee simple interest in this Wendy’s in Columbia, South Carolina. The Tenant, Carolina Restaurant Group, Inc., (“CRG”), a larger operator of Wendy’s locations with 108 units, ranks #70 on Franchise Time’s Restaurant 200 list. There are 15 years remaining on an absolute NNN lease that features one-and-one-quarter percent (1.25%) increases annually through the base term and four, five-year option periods. This is an established Wendy’s restaurant, and in 2015 CRG executed a sale-leaseback of this location. The Tenant reports stable sales of $542-per-square-foot which represents a healthy seven percent (7%) rent-to-sales ratio. The lease is guaranteed by Carolina Restaurant Group, Inc with locations across the Carolinas and Georgia.
PROPERTY TAXES
| Parcel Number | 20200-01-40 | Improvements Assessment | $1,082,000 |
| Land Assessment | $690,000 | Total Assessment | $1,772,000 |
PROPERTY TAXES
