
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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