Property summary
This exceptional investment opportunity presents a 2,695 square foot Bojangles restaurant situated on a 1.218-acre lot in Anderson, South Carolina. Built in 2023, the property boasts a 16-year absolute NNN lease with a corporate guarantee, offering approximately 14.4 years remaining. The lease features a 7% rent increase every five years, commencing in year seven, ensuring strong future returns. Located at a hard corner intersection of SC-24 and SC-187, this prime location benefits from high visibility and proximity to major retailers including AutoZone, Burger King, Subway, and Starbucks. The property enjoys excellent demographics, with over 31,000 people within a five-mile radius and a projected population growth exceeding 1.4% over the next five years. Its strategic location near Clemson University (11 miles) and Anderson University (6 miles) further enhances its appeal. The asking price is $2,805,435, representing a 5.85% cap rate and a NOI of $164,118. This is a rare opportunity to acquire a high-performing, well-located, and secure net lease investment in a rapidly growing area between Atlanta and Charlotte. The property's strong tenant, favorable lease terms, and prime location make it an attractive investment for discerning buyers seeking stable, long-term income. The building is 100% occupied. The zip code is 29626.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Party Supply Store (Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
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Hat Shop
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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