Hardee's | 7942 Garners Ferry Rd
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Hardee's 7942 Garners Ferry Rd
3,389 SF Retail Building Columbia, SC 29209 £1,290,711 (£381/SF) 5.50% Net Initial Yield
Investment Highlights
- Asolute NNN Lease
- 2020 Remodel
- Corporate Guaranty
- Zero Landlord Responsibilities
Executive Summary
Oswald Cooke & Associates is pleased to offer this investment opportunity of an established commercial property with a Hardee’s Restaurant and a corporate guarantor in place. The property hosts a remodeled building with a long-term lease in an absolute NNN ground lease structure, with a lease term until 2035 and rental increases every 5 years. Built-in 1993 and renovated in 2020, this property features a 3,389 SF building on a spacious 1.19-acre lot. Located in Richland County with General Commercial zoning.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,389 SF
Building Class
C
Year Built
1993
Price
£1,290,711
Price Per SF
£381
Net Initial Yield
5.50%
NOI
£70,989
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Land Acres
1.19 AC
Zoning
C
Parking
30 Spaces (8.85 Spaces per 1,000 SF Leased)
Frontage
166 ft on Garners Ferry Rd
Amenities
- Pylon Sign
- Signalised Intersection
- Drive Thru
PROPERTY TAXES
Parcel Number | 19105-01-05 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £1,313,887 |
PROPERTY TAXES
Parcel Number
19105-01-05
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,313,887
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Hardee's | 7942 Garners Ferry Rd
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