4,236 SF Bojangles | Absolute Triple Net (NNN) | FOR SALE

2423 Broad River Road, Columbia, SC

$2,903,131

Price

5.4%

Cap Rate

$145,156

NOI

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Street
Map
Overview
Cap Rate
5.4%
NOI
$145,156
Building Size
4,236 sqft
Lot Area
1.08 acres
Year Built
2007
Price Per Sqft
$685.35
Description

Sands Investment Group is pleased to present exclusively for sale the 4,236 sf Bojangles located at 2423 Broad River Road in Columbia, SC. This deal includes a 10+ years remaining on an Absolute Triple Net (NNN) lease with 8% increases at each three (3) x five (5) year option, providing for a secured investment.

Highlights
  • 10+ years remaining on an Absolute Triple Net (NNN) lease with 8% increases at each three (3) x five (5) year option
  • Restaurant has operated at this location for more than 30 years
  • Located directly along broad river road that sees over 36,500 vehicles per day
  • Less than 1-mile from interstate 20 with over 108,000 vehicles per day
  • Nearly half a million in capital investment by the tenant in 2023 showing long term commitment to the location
  • Located minutes away from the heavily travelled intersection of interstate 20 and interstate 26 with 233,600 vehicles per day
  • Less than 1-mile from Columbia High School
  • Strong demographics with 130,000+ residents within a 5-mile radius
  • Surrounding Retailers Include: Buddy’s Home Furnishings, CVS, Dollar Tree, Sherwin Williams, Sonic, Taco Bell, Chick-fil-A and McDonald’s
Documents
Title
Offering Memorandum
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Location
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