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

$2,903,131

2423 Broad River Road, Columbia, SC 29210

For Sale

Retail

Active

Last Updated: 03/07/2025

Details:

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

Offered by

Rodney Colvert

Managing Director

Colvert Capital CRE

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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

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.