Property summary
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,695 square foot Bojangles restaurant in Abbeville, South Carolina. Built in 2023, this single-tenant property boasts a 15.3-year remaining lease term (expiring February 28, 2040) with a top-performing franchisee operating over 125 units. The lease is a triple-net (NNN) agreement, ensuring minimal landlord responsibilities. The property features 28 parking spaces and is situated on a 0.85-acre lot with high visibility on SC Hwy 72, a major commercial corridor. The lease includes 10% rent bumps every five years, starting in year seven, providing significant long-term growth potential. The property's strong location benefits from proximity to government offices, a medical center, and other established retailers. With a current NOI of $131,704 and a 5.85% cap rate, this investment offers a compelling return on investment. The property is zoned GC (General Commercial) and enjoys 100% occupancy since its January 31, 2024 opening. Three five-year lease renewal options further enhance the security and longevity of this investment. The Abbeville location benefits from a substantial workforce within a 30-mile radius and a growing population in Abbeville County. This is a rare opportunity to acquire a high-performing, net-leased asset with a strong tenant and significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Location
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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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property 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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