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33264251
33264252

3678 LADSON RD, NORTH CHARLESTON, SC 29456

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$3,340,000
4 days on market
Updated 4 days ago

Chipotle | Ladson, SC (Charleston MSA)

Details
APN 154-04-00-014.000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Net Rentable (SqFt) 2,325
Units 1
Cap Rate 5%
NOI $167,000
Occupancy 100%
Tenancy Single
Brand/Tenant McDonald's, Chick-fil-A (+4)
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Remaining Term 15
Rent Bumps Yes
Lease Options 4 x 5-year options
Class A
Year Built 2026
Stories 1
Acreage 0.920
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 06/11/2026
Ground Lease No

5.00% CAP | New Construction | 15-Yr Abs. NNN

Investment highlights

STRONG LEASE FUNDAMENTALS

  • 15 Year Abs. NNN Lease with zero landlord responsibilities
  • Four (4) five (5) year extensions remaining
  • 10% Increases every 5 years in base rent and extension periods

CORPORATE GUARANTY FROM INVESTMENT GRADE TENANT

  • Chipotle has a Market Cap of $82B (NYSE: CMG) with over 3,750+ locations across the country
  • Chipotle opened 304 new restaurants in 2024 with 257 of those locations utilizing a Chipotlane

HIGH-TRAFFIC CORRIDOR

  • Positioned along Ladson Road, a major retail and commuter corridor serving the North Charleston / Summerville trade area
  • Strong visibility and access with consistent daily traffic counts connecting residential density to regional retail
  • Located on Ladson Rd (50K VPD)

AFFLUENT RETAIL CORRIDOR

  • Surrounded by a dense concentration of national and regional retailers within a 1-mile radius
  • Nearby tenants include Walmart Supercenter, Publix, Lowe’s, Food Lion, Starbucks, Chickfil-A, McDonald’s, and additional quick-service and necessity-based retail
  • AHHI exceeds 100K in a 1-mile radius

NEW CONSTRUCTION WITH “CHIPOTLANE” FORMAT

  • The Building has recently been built to suit the tenant’s specifications
  • Tenant has paid to add the new feature “Chipotlane” drive thru concept with multiple spaces put in for curbside pickup

CHARLESTON, SC MSA

  • Located within the Charleston–North Charleston MSA, one of the fastest-growing MSAs in the Southeast
  • The region continues to benefit from population growth, job expansion, and limited new retail supply

Listing Contacts

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$167,000.00
$13,916.67/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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