For Sale
$2,832,796

1125 4Th StHartsville, SC 29550

High-Yield NNN Lease, Hartsville, SC

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 3,160 sq ft Bojangles restaurant in Hartsville, SC, built in 2020. The property boasts a strong 6.50% cap rate and an absolute NNN lease with zero landlord responsibilities, ensuring 100% passive income. The lease includes attractive 1.5% annual rental increases, providing a significant inflation hedge. Strategically located off SC Highway 151 and US Route 15, with excellent visibility and traffic flow, the property benefits from its proximity to I-20, downtown Hartsville, and a thriving retail corridor anchored by Walmart, Lowe's, and other national brands. The location near Coker University and multiple high schools guarantees a consistent customer base. Hartsville's recreational attractions, including Byerly Park and Neptune Island Waterpark, further enhance the area's appeal. The asking price is $2,832,796, translating to $896.45 per square foot. This single-story building offers both drive-thru and dine-in options, eliminating the need for future capital expenditures or maintenance costs. The established Bojangles brand, with approximately 790 locations across 14 states, provides strong brand recognition and market stability. This is a turnkey investment opportunity with significant potential for long-term growth and passive income generation.

Highlights

  • Absolute NNN lease with zero landlord responsibilities, ensuring 100% passive income.
  • Lease includes 1.5% annual rental increases, providing an inflation hedge.
  • Excellent visibility and traffic flow; located off SC Highway 151 and US Route 15, with easy access to I-20 and downtown Hartsville.
  • Strong brand recognition; Bojangles has approximately 790 locations across 14 states.
  • Located in a strong retail corridor anchored by Walmart, Lowe's, and other national brands.
  • High-quality 2020 construction with drive-thru and dine-in options, minimizing future capital expenditures.

Property Details for 1125 4Th St

Property type
Retail properties, Restaurants
Square Feet
3,160 SF
Year Built
2020
Buildings
1
Stories
1

Location Insight

City
Hartsville
County
Darlington
State
South Carolina
Latitude
34.3603725746
Longitude
-80.06127139809
1125 4Th St, Hartsville, South Carolina

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1125 4Th St
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