Popeyes NNN Property For Sale — Camden, SC
441 Sumter Highway, Camden, SC 29020
This newly constructed Popeyes drive-thru is strategically located in Camden, South Carolina, within the Columbia MSA. It features a new 15-year absolute NNN lease with 10% rent escalations every five years throughout the primary term and its four 5-year option periods. The property benefits from exceptional access and visibility off Interstate 20 and Sumter Highway, boasting combined traffic counts exceeding 58,000 vehicles per day. Interstate 20 serves as a primary thoroughfare connecting Camden to downtown Columbia, an area experiencing rapid population growth.
- Address: 441 Sumter Highway, Camden, SC 29020
- Asking price $2.14M
- 5.50% cap rate
- NOI $117,587
- 9.8 years remaining
- NNN lease
- Year built: 2021
- Building size: 2,145 SF
- Lot size: 0.94 acres
- Lease expiration: Jun 30, 2036
- Rent increases: $117,587.34 (Years 1-5); $129,346.07 (Years 6-10); $142,280.68 (Years 11-15); $156,508.74 (Years 16-20); …
- Guarantor: Corporate
Location
This Popeyes property is at 441 Sumter Highway in Camden, South Carolina.
Asset type: Quick Service Restaurant