300 N Main St
Saluda, SC
Price:
$2,305,300
Cap Rate:
5.35%
NOI:
$123,335
Building Size:
Approx. 2,425 Sq. Ft.
Lot Size:
Approx. 0.714 Acres
Type:
Single-Tenant / Retail
Sub Category:
Casual Dining
Year Built:
2022
Investment Overview
- 2022 Construction. 2,425+/- SF Building on 0.714+/- Acre Site
- BOJ of WNC is Bojangles Largest and Most Profitable Operator with Over 115 units and $210M in Annual Revenue
- 16-Year NNN Lease with 7% Rent Bumps Every 5 Years and 3 Renewal Options of 5 Years Each
- Location Has Strong Store Sales and a Very Healthy Rent-to-Sales Ratio (Contact Broker for Details)
- Subject Property Has an Ideal Location in the Center of Market at a Popular Signalized Intersection
- Nearby are Other National Tenants Such As CVS, Burger King, Advance Auto Parts, 7-Eleven, McDonald’s, Family Dollar, and More
- Site is Located 40 Miles from Both Augusta, GA and Columbia, SC and within a One-Hour Drive of more than 1.3M People
- Saluda | County Seat of Saluda County, SC | Population: 18,938+