1325 Dutch Fork Rd Irmo, SC 29063

Property Details for 1325 Dutch Fork Rd

Year built

1988

Construction

FRAME

Property size

3,862 SF

Zone code

GC

Property type

Commercial real estate

APN

R02414-02-24

APU

R024140224

Description

This exceptional investment opportunity presents a newly constructed, 2,900 square foot Zaxby's restaurant in Irmo, South Carolina. Located at 1325 Dutch Fork Rd, 29063, this Class A property sits on a 1.01-acre lot and benefits from a prime location with high visibility. The property features a double drive-thru and is an outparcel to a Food Lion anchored center. The absolute NNN lease with Zaxby's boasts a 20-year term commencing April 1, 2024, and expiring March 31, 2044, leaving a remaining term of approximately 19.4 years. The lease includes 8% rent increases every five years, providing significant long-term growth potential. The current asking price is $3,216,000, representing a price per square foot of $1,108.97 and a 6.25% cap rate based on a current Net Operating Income (NOI) of $201,000. The property is 100% occupied, offering immediate cash flow. This fee-simple ownership presents a secure, passive income stream with a strong, nationally recognized tenant. The building was constructed in 2024, ensuring modern facilities and operational efficiency. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a thriving market.

Location Insight

City

Irmo

County

Richland

State

South Carolina

Longitude

-81.2361

Latitude

34.1241

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments