Property profile

813 Greenwood St Abbeville, SC 29620

OFF-MARKET
Commercial real estate
Property ID
US77-2701152
2,382 SF 0.7 ac lot
Individually Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,382 SF
Lot 0.7 ac (30,492 SF)
APN 122-00-00-176
UPID US77-2701152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

813 Greenwood St Abbeville, SC 29620-2552
Abbeville metro Census 950500
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 813 Greenwood St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message