7713 Garners Ferry Rd | Columbia, SC 29209
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- LoopNet Team
7713 Garners Ferry Rd
Columbia, SC 29209
Zaxby's | ±25% Above-avg Sales | 20-Yr NNN · Retail Property For Sale
Investment Highlights
- Long-term, passive investment | New, 20-year, absolute NNN lease with zero Landlord responsibilities
- Strong hedge against inflation | Lesser of 10% or CPI increases every 5 years throughout the initial term and options | ±$4.5MM in guaranteed income
- Site is outparceled to a Walmart Supercenter-anchored shopping center
- Strong sales and healthy rent-to-sales ratio | Nearly 25% above-average in sales for a Zaxby’s
- Tenant has plans for a large-scale, exterior remodel within the next 24 months, showing excellent long-term commitment to the location
- Zaxby’s is one of the largest QSR chains in the country with 950+ locations across 17 states | Has agreements for 35+ new locations in 2024
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,356 SF
Building Class
B
Year Built/Renovated
2004/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.05 AC
Zoning
GC - General Business
Parking
44 Spaces (13.11 Spaces per 1,000 SF Leased)
Frontage
128 FT on Garners Ferry Road
Amenities
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 16314-03-08 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $128,200 |
PROPERTY TAXES
Parcel Number
16314-03-08
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$128,200
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