203 S Main St - Retail FOR SALE


Mauldin, SC 29662
$2,815,500 USD
404-435-6312
203 S Main St, Mauldin, SC for Sale
$2,815,500 USD
Retail - FOR SALE
1/6
null | 5.15% Cap Rate

203 S Main St
Mauldin, SC 29662


HIGHLIGHTS

  • NEW CONSTRUCTION: October 2025 project ground-breaking with completion scheduled for Q1 2026
  • LONG-TERM NET LEASE: 15-year absolute NNN lease with 3 renewal options of 5 years each and ZERO landlord responsibility
  • RENTAL UPSIDE: 10% rent bumps every 5 years including option periods
  • CREDIT TENANT / CORPORATE GUARANTY: Dutch Bros, Inc. (NYSE: BROS) reported total revenues of $1.28B in 2024 with a 2025 projection of $1.6B
  • HIGH TRAFFIC CORRIDOR: Traffic Counts of 47,600+ VPD directly in front of the property
  • AFFLUENT DEMOS: $122,700 average HH income and $88,200 median HH income within a 5-mile radius

OVERVIEW

Trinity Partners is proud to serve as exclusive advisor to ownership and offer the marketplace this net lease retail investment opportunity in the Greenville SC MSA. Dutch Bros is a rapidly expanding leader in the drive-thru beverage sector with over 1,000 locations across the U.S. and is projected to hit 2,000 stores in the next 5 years. (“Property”) The Property is currently being developed along one of the highest traffic corridors in the Upstate (47,600+ VPD) at a high-profile signalized intersection. The site includes a 950 SF building with double drive-thru lanes, 10 total parking spaces, and multiple access points. The 15-year NNN lease commences in Q1 2026, features a corporate guaranty, 10% rent bumps every 5 years, multiple 5-year renewal options, and ZERO landlord responsibilities. The Property is located a few minutes off I-85 and I-385, 15 minutes from Greenville-Spartanburg International Airport, and 20 minutes from downtown Greenville. Mauldin is consistently ranked among the fastest-growing cities in South Carolina, benefiting from its position within the Upstate and the region’s robust economic expansion.

FOR SALE DETAILS

PRICE

$2,815,500 USD

PRICE/SF

$2,964 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | Greenville MSA | Corporate Lease

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Tyson GlasserTrinity PartnersMore Info
404-435-6312

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Tyson GlasserTrinity PartnersMore Info
404-435-6312

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