4498 SC-81 - Retail FOR SALE


Anderson, SC 29621
$2,967,000 USD
704-995-2850
4498 SC-81, Anderson, SC for Sale
$2,967,000 USD
Retail - FOR SALE
1/5
null | 6% Cap Rate

4498 SC-81
Anderson, SC 29621


HIGHLIGHTS

  • CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT
  • NEW CONSTRUCTION ON MAJOR INTERSTATE EXIT
  • POSITIONED NEXT TO MARKET DRIVERS

OVERVIEW

BRAND NEW 10-YEAR LEASE - Corporate Guarantee from Credit Rated Tenant - 10% rental increases every 5 years including options - Four (4) - five (5) year options - Minimal LL responsibilities CORPORATE GUARANTEE FROM CREDIT WORTHY TENANT - Starbucks has a S&P credit rating of BBB+ - Over 35,000 locations worldwide - $30.3B Total Revenue LOCATED IN AFFLUENT AND HIGH GROWTH TRADE AREA - Average Household Income exceeds $130K in 1 and 3 mile radius providing high disposal income for consumers in area - Adjacent to Anderson Reservoir Development, a 1,250 acre master planned mixeduse community providing 1,000 new homes in the immediate area TOP-TIER SUNBELT MSA - Greenville-Anderson-Mauldin MSA anchored by ~945,301 residents with 1.49% YoY growth - Median household income of roughly $71,230 with that metric improving to $87,280 within a 1-mile radius of the site - GSP international 12.3% YoY passenger growth - Continued population migration from the Northeast and Midwest fuel infrastructure and investment NEW CONSTRUCTION ON MAJOR INTERSTATE EXIT - New build-to-suit Starbucks with drive through to service commuters off of I-85 (75,000 VPD) - Transferable warranties in place, mitigating near-term capital expenditure for next owner POSITIONED NEXT TO MARKET DRIVERS - Daily demand from nearby Clemson University (29,565 total enrollment 2025) - Over 3MSF of industrial space located in a 1-mile radius acting as major employment hubs and driving consumer demand in the trade area - Nearby employer Prisma Health reports 32,000+ team members and 1.6M+ patients served annually - BMWs plant in Spartanburg reported exports of ~225,000 vehicles in 2024 with an export value $10B

FOR SALE DETAILS

PRICE

$2,967,000 USD

PRICE/SF

$1,187 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks - Greenville, SC MSA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

169-00-13-042

ASK ABOUT THIS PROPERTY

Mike LucierAtlantic Capital PartnersMore Info
704-995-2850

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Mike LucierAtlantic Capital PartnersMore Info
704-995-2850

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