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Restaurant

Chick-fil-A | New 15-Year Absolute NNN Lease

2931 Paxville Hwy, Manning (Southeast of Columbia), SC 29102

Listing Price: $5,750,000

Cap Rate
4.00%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
4,947
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$46.49

Investment Overview

Marcus & Millichap is pleased to present the Chick-fil-A in Manning, SC.

Investment Highlights

  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty, Over 2,795 Locations in 47 States and System-Wide Sales of $13.7 Billion
  • 3rd Largest Fast-Food Chain in the U.S. with Average Sales of $8.1 Million Per-Store
  • Chick-fil-A has Experienced 52 Consecutive Years of Sales Growth
  • Brand New 2022 Build to Suit Construction Featuring Latest Chick-fil-A Prototype with a Double Drive-Thru
  • Serving Over 31,000 Residents in Clarendon County, 60 Miles Southeast of Downtown Columbia
  • Strategic Freeway Location, Nearest Freeway Store is 45 Miles Away
  • Just off I-95 with 30,400 Cars/Day, the Main North/South Highway on the East Coast

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Restaurant

Chick-fil-A | New 15-Year Absolute NNN Lease

Listing Price: $5,750,000

Cap Rate
4.00%
Tenant Name
Chick-fil-A
Years Remaining On Lease
14.5
Guarantor
Corporate Guarantee
Rentable SF
4,947
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$46.49

Investment Highlights

  • 15-Year Absolute NNN Lease with 10% Increases Every 5 Years
  • Corporate Guaranty, Over 2,795 Locations in 47 States and System-Wide Sales of $13.7 Billion
  • 3rd Largest Fast-Food Chain in the U.S. with Average Sales of $8.1 Million Per-Store
  • Chick-fil-A has Experienced 52 Consecutive Years of Sales Growth
  • Brand New 2022 Build to Suit Construction Featuring Latest Chick-fil-A Prototype with a Double Drive-Thru
  • Serving Over 31,000 Residents in Clarendon County, 60 Miles Southeast of Downtown Columbia
  • Strategic Freeway Location, Nearest Freeway Store is 45 Miles Away
  • Just off I-95 with 30,400 Cars/Day, the Main North/South Highway on the East Coast

Investment Overview

Marcus & Millichap is pleased to present the Chick-fil-A in Manning, SC.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

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