118 Pinnacle St - Freestanding FOR SALE


Clemson, SC 29631
$2,887,000 USD
415-274-7394
118 Pinnacle St, Clemson, SC for Sale
$2,887,000 USD
Freestanding - FOR SALE
1/2
null | 4.85% Cap Rate

118 Pinnacle St
Clemson, SC 29631


HIGHLIGHTS

  • 15-year absolute NNN corporate ground lease commenced April 2026 with zero landlord maintenance or expense responsibilities
  • Corporate lease signed by Boersma Bros, LLC, the founding family entity affiliated with Dutch Bros’ corporate leadership
  • The .96-acre site has a 3,723 SF double drive-thru building, renovated in 2026
  • 10% rent increases every five years throughout the base term and options
  • Four (4), 5-year renewal options providing a potential 35-year total lease term
  • Frontage on U.S. 123 (Tiger Blvd), Clemson’s primary east-west arterial, with regional connectivity to I-85

OVERVIEW

15-year absolute NNN corporate ground lease with zero landlord maintenance or expense responsibilities. Positioned in the core Clemson University trade area, steps from approximately 30,000 students and a dense national retail corridor along U.S. 123 (Tiger Boulevard). Tiger Boulevard and Pinnacle Street commercial corridor — one of Clemson’s highest-traffic retail nodes — benefits from the sustained traffic generated by Clemson University and Clemson Memorial Stadium, an 81,500-seat venue averaging approximately 79,000 fans per game in 2025.

FOR SALE DETAILS

PRICE

$2,887,000 USD

PRICE/SF

$1,155 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Dutch Bros

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

-

APN/PARCEL ID

4054-13-14-4134

ASK ABOUT THIS PROPERTY

Joseph CaccamoCP Partners CREMore Info
415-274-7394

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Joseph CaccamoCP Partners CREMore Info
415-274-7394

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.