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Migos Restaurant & Market
Investment SalesAvailable

Migos Restaurant & Market

480 Stonewall Jackson Blvd, Orangeburg, SC, 29115

Asking Price

$1,518,000

NOI

$121,440

Property Type

Single Tenant

Tenancy

Lease Type

Lease Term

Square Footage

8,320 SF

Year Built

2015

Offering Overview

The Investment Sales team at Venture Commercial have exclusively listed the Migos Latin American Restaurant & Market.

  • 10-Year Lease at 8% Cap Rate - Approximately 8.5 years remaining on original 10-year lease with 10% rent increases every 5 years and two 5-year renewal options
  • Signalized Corner with 12,100+ VPD - Well-built former Family Dollar on a signalized corner with complementary retail including Walmart Neighborhood Store, Dollar General, and Edisto Village Shopping Center
  • Tenant Invested $500K+ in Improvements - Unique Hispanic-themed restaurant, grocery and retail concept attracting customers from as far away as Columbia and Charleston with outstanding 5-star reviews
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