3103 N Pleasantburg Dr - Fast Food FOR SALE


Greenville, SC 29609- North Greenville
$2,980,000 USD
949-506-2009
3103 N Pleasantburg Dr, Greenville, SC for Sale
$2,980,000 USD
Fast Food - FOR SALE
1/6
null | 5.25% Cap Rate

3103 N Pleasantburg Dr
Greenville, SC 29609
North Greenville


HIGHLIGHTS

  • Corporate Guaranteed Lease | Long-Term Commitment | Built-In Rental Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Surrounded by National Retail & New Developments | High-Traffic Corridor
  • Strong Demographics In 5-Mile Trade Area

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 Greenville, SC. The tenant, Dutch Bros, executed a 15-year lease with 3 (5-year) extension options, demonstrating their long-term commitment to this location. The lease features 10% rental increases every five years throughout the initial term and at the beginning of each option period, providing consistent NOI growth and a hedge against inflation. The lease is structured as absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for an out-of-state or passive investor.

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$3,137 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Dutch Bros | 15-Yr NNN | 37k+ VPD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

BH

APN/PARCEL ID

0174.02-07-003.00

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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