2030 Mccrays Mill RdSumter, SC 29154

  • Retail properties
  • 2,460 SF
For Sale
$4,312,000 View listing

Property Details for 2030 Mccrays Mill Rd

Year built
2006
Lot size
1.00 AC
Property size (Sq ft)
2,460 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a 2,460 square foot Zaxby's restaurant located at 2030 McCrays Mill Rd, Sumter, SC 29154. The property sits on a one-acre lot with 53 parking spaces and boasts excellent visibility from McCrays Mill Rd, which sees approximately 14,100 vehicles per day. The property is strategically located near Sumter High School (2,306 students) and numerous other retail establishments including Walmart, Food Lion, Chick-fil-A, McDonald's, and more, ensuring high traffic and customer accessibility. This is a single-tenant, absolute NNN lease with a strong guarantor, Guernsey Holdings ZRC Opco, LLC, currently operating 20 locations. The 20-year lease commenced February 29, 2024, and expires April 30, 2044, with four, five-year renewal options. Rent increases are the lesser of 10% or CPI every five years, providing a strong hedge against inflation. The property features a 6.25% cap rate based on a Net Operating Income (NOI) of $269,471 and an asking price of $4,312,000. The tenant, a Zaxby's franchisee, plans a large-scale remodel within the next 24 months, demonstrating a significant long-term commitment. Built in 2006 and renovated in 2026, this Class B property offers a passive investment opportunity with minimal landlord responsibilities. The property's strong sales and healthy rent-to-sales ratio, coupled with the tenant's planned remodel, make this a compelling investment prospect. The current occupancy is 100%.

2030 Mccrays Mill Rd, Sumter, South Carolina

Location Insight

City
Sumter
County
Sumter
State
South Carolina
Latitude
33.9036
Longitude
-80.3811

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].