1004 RICHLAND AVE W Aiken, SC 29801

Listing agency SURMOUNT g***@marcusmillichap.com Show Phone

Listed by Gabriel Britti · License #FL SL3211804

Source Crexi

Added: Jun 22 Updated: Jul 21 at 1:49AM Checked: Jul 21 at 6:52AM

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Investment Insights

Based on property information with market context.

This Wendy’s Hamburger Restaurant is offered with a 20-year absolute NNN lease and no landlord responsibilities. The sale is structured around scheduled rent increases every five years, with a stated 7.5% increase. The tenant is identified as a legacy Wendy’s operator, and the property is classified as an NNN specialty restaurant asset.

The restaurant is located at 1004 Richland Avenue W in Aiken, South Carolina. The public remarks note surrounding residential development and nearby education and retail amenities, including the University of South Carolina Aiken and Aiken Technical College, as well as several shopping centers in the area.

The property is presented for sale with a listed size of 2,134 square feet and an NNN-focused lease structure intended to shift operating responsibilities away from the landlord.

Key Highlights

• Wendy’s hamburger restaurant with a 20‑year absolute NNN lease structure
• Lease includes scheduled rent increases every 5 years
• No landlord responsibilities stated in the property remarks

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FAQs

What type of property is this?

Conventional restaurant - Absolute NNN lease restaurant offering scheduled rent increases every five years.

Where is this conventional restaurant located?

The property is located at 1004 RICHLAND AVE W Aiken, SC.

What is the asking price?

The asking price for this property is $2,640,000.

What are key features of this property?

This property features: Wendy’s hamburger restaurant with a 20‑year absolute NNN lease structure; Lease includes scheduled rent increases every 5 years; No landlord responsibilities stated in the property remarks