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Published on: Friday, August 16, 2024

Updated on: Friday, January 2, 2026

About the Lister

Name: Eric Vu

Company: Anchor Point Capital

Office Phone: 949.667.1077

Cell Phone: 949.667.1077

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Applebee’s

1617 bypass 72 Northeast Greenwood South Carolina , 29649

Anchor Point Capital
Listing ID: CL-South Carolina-11 Restaurant /Retail

Purchase Option

Asking Price: $1,503,000.00

Acquisition Option: Traditional Purchase

Cap Rate (%): 6.65

Net Operating Income: $100,000.00

Quick Glance

Listing ID: CL-South Carolina-11

Status: Accepting Offers

Financing: Third Party Financing

Occupancy: N/A

Year Build: 1993

Building Size: 4,692.00 SqFt

Lot Size: N/A

No of Stories: 1

No of Parking: N/A

Offer to Millionaire Club: No

Business Available for Sale: Yes

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

Listing Summary

Excellent Single Tenant Investment Opportunity

Complete Details

Year Build: 1993

Building Size: 4,692 SqFt.

No of Stories: 1

Total Lot Area: N/A SqFt.

No of Parking: N/A

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Not Specified

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: Yes

Roofing: Not Specified

Occupancy: 0%

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)

Additional Properties

Property Highlights

Original 20 Year Lease; Recent 10 Year Lease Extension
Strong Reported Unit Level Sales
Absolute NNN Lease; Zero Landlord Responsibilities

Additional Links

Other: https://anchorpointcapital.com/listing/applebees/
Other: https://anchorpointcapital.com/
Social: https://www.linkedin.com/in/ericvu/

Contacts

Vice President of Advisory Services: Chandler Dignam, Phone: 714.928.9617 ,
Associate Advisor: Ned Skinner, Phone: 714.264.2454 ,

Actual - Cash Flow

Cash Flow Year	Gross Income	Effective GrossIncome	Operating Expenses	Net Operating Income	Pre Tax Cash Flow	Cap Rate
2024	$0.00	$0.00	$0.00	$100,000.00	$0.00	0%
Cash Flow for Current Listings

Listing Location

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Title: Dollar General Address: 108 Lamar St , Roanoke Alabama 36274 Listing ID: CL-Alabama-27285 Listing Type: Commercial Category: Retail - Free Standing	Status: Accepting Offers Created On: 1/16/2026 Modified On: 1/16/2026
Title: Dennys Address: 4760 S Campbell Ave , Springfield Missouri 65807 Listing ID: CL-Missouri-27284 Listing Type: Commercial Category: Retail - Restaurant	Status: Accepting Offers Created On: 1/16/2026 Modified On: 1/16/2026
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