2209 Boiling Springs Rd - Fast Food FOR SALE


Boiling Springs, SC 29316
$2,669,000 USD
619-489-9004
2209 Boiling Springs Rd, Boiling Springs, SC for Sale
$2,669,000 USD
Fast Food - FOR SALE
1/9
null | 5.45% Cap Rate

2209 Boiling Springs Rd
Boiling Springs, SC 29316


HIGHLIGHTS

  • 13+ Years Remaining | Corporate Guaranteed Lease | Options To Extend | Annual Rental Increases
  • Absolute NNN | Fee Simple Ownership | No Landlord Responsibilities
  • Boiling Springs Shopping Center | Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby School
  • Along Boiling Springs Rd | Interstate 85 | Excellent Visibility
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Income

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an Absolute NNN leased, Dutch Bros investment property located in Boiling Springs, South Carolina. The tenant has over 13 years of initial term remaining with 1 (10-year) option to extend followed by 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with no landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,669,000 USD

PRICE/SF

$3,140 USD /SF

CAP RATE

5.45%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros | Absolute NNN | Greenville MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

2-51-00-055.05

ASK ABOUT THIS PROPERTY

Chad LieberSRS Real Estate PartnersMore Info
619-489-9004

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Chad LieberSRS Real Estate PartnersMore Info
619-489-9004

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