3467 Five Chop Rd Orangeburg, SC 29115
For Sale
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This exceptional investment opportunity presents a brand-new, 2,262-square-foot Wendy's restaurant in Orangeburg, South Carolina. Built in 2023, the property boasts a 19.8-year absolute NNN lease with a corporate guarantee from Carolina Restaurant Group, a significant Wendy's franchisee with a substantial portfolio. The lease commenced December 1, 2023, and features 10% rent increases every five years, providing strong future income growth. The property sits on a 1.94-acre lot, strategically located off I-26 (approximately 56,000 vehicles per day) and Five Chop Road (approximately 10,000 vehicles per day), benefiting from high visibility and interstate pylon signage. The asking price is $3,170,054, representing a compelling 5.50% cap rate and a price per square foot of $1,401.44. The property's strong tenant, prime location, and long-term lease make it an attractive investment with significant upside potential. The Net Operating Income (NOI) is $174,353, and the lease has five-year renewal options with 10% rent increases. Orangeburg County boasts a population exceeding 85,000, and the property's proximity to Columbia, Charleston, and Augusta further enhances its appeal. This is a rare opportunity to acquire a high-performing, passively managed asset with a blue-chip tenant in a growing market.
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Wendy's Restaurant Take-out & Catering
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Exxon Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.