Listing Summary
Excellent Single Tenant Investment Opportunity
Full Description
Original 20 Year Lease; Recent 10 Year Lease Extension 10.00% Rent Increase Commencing November 2028 Strong Reported Unit Level Sales; Contact Broker for Details Interior/Exterior Renovations Completed in 2021 Lease Operated by Top Applebee’s Franchisee: Thrive Restaurant Group; 170+ Unit Operator Lease Guaranty from Legacy Apple V, LLC; 27 Locations in South Carolina Small Price Point; Tenant Paying Low Rent PSF Absolute Net; Zero Landlord Responsibilities Fee Simple; Building + Land Ownership Outstanding Location in Greenwood, SC Adjacent to Food Lion; Dominant Grocer with 150+ Locations in South Carolina Daily Traffic Counts Exceeding 24,000 Cars Per Day Situated along the Major Retail Corridor in Greenwood; Surrounding Retailers include; Zaxby’s, Aarons, Taco Bell, Hampton Inn, Sonic, Ollie’s Bargain Outlet #1 Spending within 5 Miles is Food & Alcohol (Per CoStar Consumer Spending Report)
Quick Glance
- Listing ID:
CL-South Carolina-11
- Status:
Active
- Year Build:
1993
- Building Size:
4,692 SqFt
- Lot Size:
N/A