For Sale
$3,216,000

1325 Dutch Fork Rd Irmo, SC 29063

High-return QSR investment, Irmo, SC.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a newly constructed, 2,900 square foot Zaxby's restaurant in Irmo, South Carolina. Located at 1325 Dutch Fork Rd, 29063, this Class A property sits on a 1.01-acre lot and benefits from a prime location with high visibility. The property features a double drive-thru and is an outparcel to a Food Lion anchored center. The absolute NNN lease with Zaxby's boasts a 20-year term commencing April 1, 2024, and expiring March 31, 2044, leaving a remaining term of approximately 19.4 years. The lease includes 8% rent increases every five years, providing significant long-term growth potential. The current asking price is $3,216,000, representing a price per square foot of $1,108.97 and a 6.25% cap rate based on a current Net Operating Income (NOI) of $201,000. The property is 100% occupied, offering immediate cash flow. This fee-simple ownership presents a secure, passive income stream with a strong, nationally recognized tenant. The building was constructed in 2024, ensuring modern facilities and operational efficiency. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a thriving market.

Highlights

  • New construction 2,900 SF Zaxby's building.
  • Brand new 20-year absolute NNN lease commencing April 1, 2024.
  • Corporately guaranteed lease with 8% rent increases every 5 years.
  • Located in a Food Lion-anchored center in Irmo, South Carolina.
  • Fee simple ownership with a 6.25% cap rate and $201,000 NOI.

Property Details for 1325 Dutch Fork Rd

Property type
Retail properties
Square Feet
2,900 SF
Class
A
Year Built
2024
Lot Size (sq. ft)
43,996 SF

Location Insight

City
Irmo
County
Richland
State
South Carolina
Latitude
34.123726198793
Longitude
-81.235985570956

FAQs

What type of property is this?
Retail property - High-return QSR investment, Irmo, SC.
Where is the retail property located?
The property is located at 1325 Dutch Fork Rd Irmo, SC.
What is the asking price?
The asking price for this property is $3,216,000.
What are key features of this property?
This property features: New construction 2,900 SF Zaxby's building.; Brand new 20-year absolute NNN lease commencing April 1, 2024.; Corporately guaranteed lease with 8% rent increases every 5 years.
How can I contact the broker?
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1325 Dutch Fork Rd
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