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31709254
31709255

205 W Church St, Batesburg-Leesville, SC 29006

CN
CA 02120126
Matthews
CO
CA 01985082
Matthews
VR
CA 02204860
Matthews
Listed by Matthews
$2,089,000
54 days on market
Updated 54 days ago
Opportunity zone

Wendy's | 6.65% Cap | 9.9 Years Remaining

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,538
Cap Rate 6.65%
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Taco Bell (+6)
Lease Type Absolute NNN
Lease Term 20
Remaining Term 10
Rent Bumps Yes
Lease Options Three, 5-year
Broker Co-Op Yes
Year Built 2007
Acreage 1.470

6.65% Cap Rate | 120+ Unit Guaranty | $2,089,000

Investment highlights

  • PREMIER NATIONAL BRAND – Wendy’s stands as a globally recognized quick-service restaurant (QSR) leader, boasting over 6,500 locations across the United States and a presence in 29 countries worldwide. Its enduring brand strength and market dominance ensure a stable and reliable investment opportunity.

  • NEARLY TWO DECADES OF SUSTAINED PERFORMANCE – This Wendy’s location has been operating successfully for nearly two decades, demonstrating strong, stable performance in its respective market. A long-term operating history like this is a key indicator of sustained consumer demand, operational efficiency, and market relevance—making it a reliable asset for future ownership and cash flow stability.

  • RECENT NEARBY DEVELOPMENTS & SURROUNDING RETAILERS – The area has seen significant commercial growth with T-Mobile and Starbucks entering the market. They join established national retailers such as Walmart, Tractor Supply, CVS, Advance Auto Parts, U-haul, McDonald’s, and Truist Bank, enhancing the property’s appeal and customer draw.

  • EXPERIENCED OPERATOR – The property is operated by Carolina Restaurant Group Inc, a seasoned franchisee managing over 120 Wendy’s locations throughout the Southeast. Their ongoing expansion and development of new sites underscore a deep commitment to the Wendy’s brand, providing added confidence in tenant stability.

  • STRATEGIC ECONOMIC DEVELOPMENT INITIATIVES – The town has invested in substantial infrastructure improvements, notably the expansion of Highway 1 to a four-lane corridor, enhancing accessibility and traffic flow. Additionally, the development of the Batesburg-Leesville- Leesville Industrial Park, a 175-acre site with over $3.5 million in infrastructure enhancements, has attracted businesses like Fisher Tank Company and C.R. Jackson Inc., fostering economic growth and job creation in the area.

  • ABSOLUTE NNN LEASE – This Wendy’s has 11 years remaining on an absolute NNN lease with zero landlord responsibilities. The lease is backed by one of the largest and most experienced operators in the Wendy’s system, offering long-term stability and passive income. With a proven track record and strong operational backing, this is an ideal hands-off investment.

Listing Contacts

CN
CA 02120126
Matthews
CO
CA 01985082
Matthews
VR
CA 02204860
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
105710, 22684 (SC)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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