CBRE is pleased to offer for sale the absolute NNN Parker’s Kitchen sale-leaseback ground lease situated on 5.50
acres in North Augusta, South Carolina—part of the Augusta-Richmond County, GA-SC MSA (Population: 635,177). At
closing, Parker’s Kitchen will execute a new, 20-year absolute NNN ground lease featuring 10% rent increases every 5
years throughout the initial term and in each of the four, 5-year renewal options.
Situated within 2 miles of downtown Augusta, Parker’s Kitchen is located along Jefferson Davis Highway (27,000 VPD)
and is immediately adjacent to off/on ramps to Interstate 520 (19,400 VPD), which serves as the Augusta metro’s
interstate perimeter in conjunction with Interstate 20 (82,500 VPD). This 5,175-square-foot convenience store and gas
station opened in June 2024 and is suited to accommodate both passenger vehicles and larger diesel trucks.