Denny's, Charleston MSA

5270 International Boulevard
North Charleston, SC 29418

Site Plan(s) (PDF)

Aerial(s) (PDF)

South Carolina’s highest volume retail submarket at convergence of two interstates
A 3,976 square foot restaurant building developed in 2008 on .98 acres
Positioned on trade area’s primary corridor near the international airport,
Denny’s is on a 20 year absolute NNN lease with 10% rent bumps every 5 years
Franchisee operator with 12 locations throughout South Carolina
The transaction closed escrow on October 13, 2009 for $2,350,000
A loan in the amount of 57% of the purchase price was placed on the property
Buyer was a private group of investors out of upstate South Carolina

Square Feet:

3,976

Acreage:

0.975

Cap Rate:

Call

Price:

$2,350,000

Property Type:

NNN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427