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26537315
26537316

1222 Bells Hwy, Walterboro, SC 29488 For Sale

EO
SC SC 81680
Oswald Cooke & Associates
Oswald Cooke & Associates
Listed by Oswald Cooke & Associates
$1,500,000
330 days on market
Updated 33 days ago
Opportunity zone

Krystal 15-Year Absolute NNN Lease

Details
APN 147-10-00-118.000
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 2,098
Cap Rate 6%
NOI $90,000
Occupancy 100%
Tenancy Single
Brand/Tenant Krystal
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 06/30/2040
Remaining Term 14
Rent Bumps Yes
Lease Options (3) 5-Year Options
Broker Co-Op Yes
Year Built 2020
Year Renovated 2025
Buildings 1
Stories 1
Acreage 1.000
Zoning HCD
Investment Type Net Lease
Lease Commencement 07/01/2025
Ground Lease No

Retail | 6.00% CAP | 2,098 SqFt

Marketing description

Oswald Cooke & Associates is pleased to offer 1222 Bells Highway in Walterboro, SC available to a qualified buyer. The site is subject to a 15-Year absolute NNN corporate lease that commenced in July 2025. The tenant has (3) 5-Year renewal options with 10% rental escalations throughout the term and all options. The site was fully renovated in 2025 and is located on Bells Highway (17,900 VPD) and is surrounded by numerous national retailers including Wal-Mart, Starbucks, Belk, Taco Bell, Bojangles, Cook Out, Arbys, Burger King, Zaxbys and many others. Walterboro, South Carolina, is a small city in Colleton County, located about 50 miles west of Charleston. It’s known for its historic downtown, antique shops, and Southern charm. Walterboro serves as a hub for Colleton County (39,000 people).

Investment highlights

15-Year Corporate Absolute NNN Lease

Fully renovated in 2025

2,098 SF

1 Acre

Zero Landlord Responsibilities

Listing Contacts

EO
SC SC 81680
Oswald Cooke & Associates
Oswald Cooke & Associates
Listed by Oswald Cooke & Associates

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$90,000.00
$7,500.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Edward Oswald
License
SC 81680
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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