2120 Clemson Rd
Columbia, SC 29229
Retail Property For Sale

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.