CBRE is pleased to offer for sale the absolute NNN Parker’s Kitchen sale-leaseback ground lease situated on 4.12 acres in Moncks Corner, South Carolina—part of the Charleston-North Charleston, SC MSA (Population: 818,656). At closing, Parker’s Kitchen will execute a new, 20-year absolute NNN ground lease featuring 10% rent increases every 5 years throughout the initial term and in each of the four, 5-year renewal options. Located approximately 30 miles north of downtown Charleston, Parker’s Kitchen is located at the corner of North U.S. Highway 52 (29,600 VPD) and SC-402 (7,100 VPD). This 4,920-square-foot convenience store and gas station opened in August 2019 and is suited to accommodate both passenger vehicles and larger diesel trucks.