1721 Sam Rittenberg Blvd
Charleston, SC 29407

Marcus & Millichap is pleased to present for sale this Absolute Net Leased Wendy’s located at 1721 Sam Rittenberg Boulevard in Charleston, South Carolina. The subject property consists of a 2,808 SF freestanding building with a drive-thru and is situated on a .77-acre parcel of land.
This property is situated on RT-7 (Sam Rittenberg Blvd) and benefits from great visibility along this highly trafficked throughfare. The property is also immediately surrounded by other national and regional retailers including Harris Teeter, Total Wine & More, Office Depot, Sonic, Arby’s, Advance Auto, Best Buy, PetSmart, Costo Wholesale, and numerous others. Also nearby the property are many apartment complexes including Palmetto Square, The Riverview, Spanish Oaks Apartment Homes, MAA Hampton Pointe, The Lily, Mulberry Place Apartments, Planters trace Apartments, The Avenues of West Ashley and Hawthorne Westside. There are also several new home developments in the area which include Marshside Towns at Carolina Bay (41 Brand New Townhomes), Eastwood Homes at Church Creek (20 New Homesites), DRB Homes Rushland Plantation (125 Brand New Homesites), Park’s Edge at Carolina Bay by Pulte (43 New Homes) and Lennar at Grand Bees.
Commencing in December of 2024, the Wendy’s lease will feature 20 years of primary term with attractive 7.5 percent rent increases every 5-years, including in each of the four 5-year renewal options.
Wendy’s Company is an American parent company for the major fast food chain Wendy’s. It is headquartered in Dublin, Ohio and the company’s principal subsidiary in Wendy’s International, the franchisor of Wendy’s restaurants. There are 5,938 locations in the United States, and 1,006 International for a total of 6,949 locations. It’s U.S. Revenue in 2022 was $2.2 Billion.