Zaxbys 1325 Dutch Fork Rd 2,900 SF Retail Building Irmo, SC 29063 £2,489,152 (£858.33/SF) 6.25% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Newly Constructed Building – 2,900 SF brand-new construction offering modern design and functionality.
  • Strong Sales Performance – Sales have already exceeded Zaxby’s average unit volume (AUV), demonstrating high demand.
  • Prime Retail Location – Positioned as an outparcel to a busy Food Lion-anchored shopping center, attracting steady foot traffic.
  • Long-Term Stability – Secure 20-year lease in place, providing a reliable income stream.
  • Built-In Rent Growth – Lease includes 8% rent increases every five years, ensuring long-term income appreciation.
  • High-Visibility Investment – Excellent exposure in a well-established retail corridor, enhancing tenant success and investor confidence.

EXECUTIVE SUMMARY

This newly constructed 2,900 SF building presents an exceptional investment opportunity with a brand-new 20-year lease in place. Boasting sales that have already surpassed Zaxby’s average unit volume (AUV), this property offers strong financial performance from the start. The lease includes built-in 8% rent increases every five years, ensuring long-term income growth. Strategically positioned as an outparcel to a thriving Food Lion-anchored shopping center, the location benefits from high visibility and steady consumer traffic. This is a prime opportunity for investors seeking a stable, high-performing asset in a well-established retail corridor.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,900 SF
Year Built
2024
Price
£2,489,152
Price Per SF
£858.33
Net Initial Yield
6.25%
NOI
£155,572
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.01 AC
Zoning
GC - General commercial
Parking
51 Spaces (15 Spaces per 1,000 SF Leased)
Frontage
50 ft on Dutch Fork Rd

NEARBY MAJOR RETAILERS

Food Lion
Club Pilates
First Citizens Bank
Eggs Up Grill
The YMCA
9Round

PROPERTY TAXES

  • Listing ID: 32652051

  • Date on Market: 01/08/2024

  • Last Updated:

  • Address: 1325 Dutch Fork Rd, Irmo, SC 29063