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34370144
34370108

10005 DORCHESTER RD, SUMMERVILLE, SC 29485-8555

BH
CA 01361112
Net Leased Real Properties
Listed by Net Leased Real Properties
$1,700,000
1 day on market
Updated 1 day ago

Hardee's NNN Investment | Redevelopment Opportunity

Details
APN 161-08-04-003.000
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,410
Net Rentable (SqFt) 3,410
Units 1
Cap Rate 7.20%
NOI $121,834
Tenancy Vacant
Brand/Tenant Hardees
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 11/13/2032
Remaining Term 6.4
Rent Bumps Yes
Lease Options 4 Five Year oiptions
Pro-Forma Cap Rate 7.20%
Pro-Forma NOI $121,834
Price per SqFt $499
Class B
Year Built 1984
Year Renovated 2008
Stories 1
Acreage 0.980
Zoning General Business (B-3)
Investment Type Redevelopment
Tenant Credit Corporate Guarantee
Lease Commencement 11/12/2012
Ground Lease No
Sale Condition 1031 exchange

Corporate Hardee's Continues to Pay Rent While Offering Long-Term Redevelopment Potential

Marketing description

Corporate Hardee's continues to pay rent under an Absolute NNN lease while investors acquire one of Summerville's premier commercial corners. Located at the signalized intersection of Dorchester Road and Ladson Road, this 0.98-acre outparcel benefits from outstanding visibility, approximately $121,834 in current annual rental income, a contractual 10% rent increase in November 2027, and approximately 6.4 years of remaining primary lease term.

Unlike many net lease investments, this opportunity combines stable corporate cash flow with significant long-term real estate value. The property is positioned within one of the Charleston MSA's fastest-growing retail corridors surrounded by Walmart, ALDI, Lowe's, Chick-fil-A, Raising Cane's, Panera, Culver's, Dunkin', Waffle House, and numerous additional national retailers.

Whether held for dependable income through lease expiration or ultimately repositioned for a future restaurant, retail, medical, or financial user, this property offers investors an exceptional combination of current yield and long-term redevelopment potential.

Investment highlights

• Corporate Hardee's Continues to Pay Rent

• Absolute NNN Lease (Zero Landlord Responsibilities)

• 10% Rent Increase Scheduled November 2027

• Approximately 6.4 Years Remaining Primary Term

• Signalized Corner at Dorchester Road & Ladson Road

• Over 60,000 Vehicles Per Day at this intersection

• Nearly 1.0 Acre Commercial Corner

• Charleston MSA / Fast-Growing Summerville Market

• Significant Long-Term Redevelopment Potential

Listing Contacts

BH
CA 01361112
Net Leased Real Properties
Listed by Net Leased Real Properties

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$121,834.00
$10,152.83/mo

Valuation Metrics

0
DSCR
7.17%
Cap Rate
7.17%
ROI

Map

Zoning

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UC-MX MixedMixed UseUrban Corridor Mixed Use
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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