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Hardee's 7942 Garners Ferry Rd

3,389 SF Retail Building Columbia, SC 29209 $1,645,454 ($486/SF) 5.50% Cap Rate

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
$1,645,454
Price Per SF
$486
Cap Rate
5.50%
NOI
$90,500
Tenancy
Single
Building Height
1 Story
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
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19105-01-05
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,675,000
  • Listing ID: 33536188

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 7942 Garners Ferry Rd, Columbia, SC 29209

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