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Bojangles Clinton South Carolina 19005 Highway 72 E

3,000 SF Retail Building Clinton, SC 29325 £2,511,971 (£837/SF) 5.50% Net Initial Yield

Investment Highlights

  • Positioned on an interstate retail corridor with neighboring retailers including QT, Starbucks, Zaxby's and Arby's
  • New 20 year lease will be executed at closing.
  • Part of the Greenville-Mauldin-Easley MSA in upstate South Carolina. 45 miles south of Greenville and 60 miles north of Columbia.

Executive Summary

Situated at 19005 Highway 72 E in Clinton, SC, this property is leased to the largest franchisee in the Bojangles system, boasting over 120 units. The 20-year absolute NNN lease provides a stable, long-term investment opportunity, with no landlord responsibilities for maintenance, taxes, or insurance. The tenant has four additional five-year renewal options, ensuring potential longevity for this well-established franchise location. Positioned along a busy highway, this property offers excellent visibility and accessibility, making it a prime commercial asset in the Clinton area.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,000 SF
Building Class
B
Year Built
2022
Price
£2,511,971
Price Per SF
£837
Net Initial Yield
5.50%
NOI
£138,158
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Land Acres
1.42 AC
Zoning
C - Commercial

Amenities

  • Signage
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Bojangles
  • Accommodation and Food Services
  • 3,000 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Bojangles Accommodation and Food Services 3,000 SF - -
  • Listing ID: 33232726

  • Date on Market: 19/09/2024

  • Last Updated:

  • Address: 19005 Highway 72 E, Clinton, SC 29325

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