Wendy's NNN Property For Sale — Aiken, SC
1004 Richland Ave West, Aiken, SC 29801
This Absolute Net Leased Wendy’s is located at 1004 Richland Avenue in Aiken, South Carolina. The property features a 2,134 SF freestanding building with a drive-thru, situated on a .78-acre parcel. Strategically located on RT-78 (Augusta Aiken Rd), the property benefits from high visibility and traffic. It is surrounded by established national and regional retailers, including Sonic, KFC, Food Lion, Subway, Taco Bell, CVS, McDonald’s, O’Reilly Auto Parts, Bank of America, and a Walmart Supercenter. Additionally, several new residential developments are nearby, such as Eastwood Homes at True Cedar (15 available homesites), The Islands by D. R. Horton (155 homesites), and Forrest Bluff by Ivey Homes (55 homesites). The Wendy’s lease, commencing in December 2024, offers 20 years of primary…
- Address: 1004 Richland Ave West, Aiken, SC 29801
- Asking price $2.83M
- 6.00% cap rate
- NOI $170,000
- 18.3 years remaining
- NNN lease
- Year built: 1990
- Building size: 2,134 SF
- Lot size: 0.78 acres
- Lease expiration: Dec 31, 2044
- Rent increases: 7.5% every 5 years
- Guarantor: Corporate
Location
This Wendy's property is at 1004 Richland Ave West in Aiken, South Carolina.
Asset type: Restaurant