343 Folly Rd | Charleston, SC 29412
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- LoopNet Team
343 Folly Rd
Charleston, SC 29412
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- NNN Lease Structure – Passive investment is ideal for out of state investors.
- Recently Extended Lease – Tenant recently extended lease 20 years in 2020 bringing the expiration date to 12/31/2040.
- Strong, Increasing Sales Volume – The site boasts well above average store sales for Wendy’s. *Contact broker for details.
- Long-Term Lease – The primary lease term has over 16 years remaining.
- Percentage Rent Clause – Percentage rent allows an investor to capture future potential upside.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,317 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.89 AC
Zoning
Commercial - Commercial
Parking
43 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 424-00-00-022 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $71,360 |
PROPERTY TAXES
Parcel Number
424-00-00-022
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$71,360
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