3154 Augusta Rd 3,205 SF Retail Building West Columbia, SC 29170 $1,833,094 ($571.95/SF)

A well-established, franchisee-guaranteed Wendy’s investment located at 3154 Augusta Road in West Columbia, South Carolina, within the Columbia MSA. The offering includes fee-simple ownership of a 3,205-square-foot freestanding restaurant situated on approximately 1.31 acres along one of West Columbia’s primary commercial corridors.
Originally constructed in 1997 and upgraded to Wendy’s specifications in 2016, the property offers nearly 30 years of operating history, prominent visibility, two points of access, and an established drive-thru. The absolute NNN lease provides approximately ±9.5 years of remaining term, contractual rental increases and no landlord responsibilities.
» Established 126-Unit Wendy’s Franchisee with 30+ Years of Operating History
The property is leased and guaranteed by Carolina Restaurant Group, Inc., a highly experienced multi-unit operator with 126 Wendy’s locations and a franchise relationship with Wendy’s dating back to 1993. The tenant’s significant operating scale, more than three decades of experience with the Wendy’s brand, and established restaurant operating platform provide additional strength to the lease and support the investment’s long-term stability.
» Absolute NNN Lease
Structured as a true absolute NNN lease, the tenant is responsible for all operating and capital expenses, including taxes, insurance, maintenance, roof, structure, and parking lot—providing a completely passive ownership experience with no landlord obligations.
» Long-Term Income with Attractive Contractual Rent Growth The lease provides for an 8.5% rent increase in March 2031, followed by three additional five-year renewal options, each featuring an 8.5% rent increase at the beginning of the option period. This contractual rent growth provides investors with meaningful future income appreciation and a hedge against inflation.
» More Than 30 Years of Operating History
Wendy’s has operated at the property for more than 30 years, demonstrating sustained customer demand and a longstanding commitment to the Augusta Road trade area. The location’s established history reduces the operational uncertainty associated with newer or unproven restaurant sites.