511 Bush River Rd Columbia, SC 29210

Listing agency The Kase Group k***@thekasegroup.com Show Phone

Listed by Robert Walker · License #CA 01954360

Source Crexi

Added: Apr 10 Updated: Jul 21 at 8:12PM Checked: Jul 21 at 8:12PM

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Investment Insights

Based on property information with market context.

The property is a 5,693-square-foot Ruby Tuesday restaurant. The asset is subject to an absolute triple-net (NNN) lease with zero landlord obligations, and the tenant is scheduled for 10% increases in rent every five years, including during the four five-year option periods.

The restaurant is positioned near Office Depot, Burlington Coat Factory, Hardee’s, and Captain D’s, and other established businesses.

Financial information provided includes FYE 6/5/2018 sales of $1,434,895 and 2019 sales of $1,351,000.

Key Highlights

• 5,693 SF Ruby Tuesday in Columbia, SC
• Absolute NNN lease with zero landlord obligations
• Tenant rent increases of 10% every 5 years, including during the four 5‑year option periods

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FAQs

What type of property is this?

Conventional restaurant - 5,693 sf Ruby Tuesday operated under an absolute NNN lease with scheduled 10% rent increases every five years.

Where is this conventional restaurant located?

The property is located at 511 Bush River Rd Columbia, SC.

What are key features of this property?

This property features: 5,693 SF Ruby Tuesday in Columbia, SC; Absolute NNN lease with zero landlord obligations; Tenant rent increases of 10% every 5 years, including during the four 5‑year option periods