7704 Charlotte Hwy - Restaurant FOR SALE
Fort Mill, SC 29707 |
7704 Charlotte Hwy
Fort Mill, SC 29707
HIGHLIGHTS
- Chili’s absolute NNN ground lease features ±5.7 years of term remaining and a 10% rental increase in each of the four 5-year renewal options
- This Chili’s restaurant is a strong performer with a very attractive rent-to-sales ratio (below 5%)
- Positioned approximately 25 miles south of Downtown Charlotte
- The property is an outparcel to a super-regional Charlotte MSA power center—The Promenade at Carolina Reserve
- Immediately across Charlotte Highway from the Sun City Carolina Lakes 55+ resort-style community and the Harris Teeter-anchored Carolina Commons
- 2.7 MSF of retail, 2.1 MSF of office, 1.3 MSF of industrial and 2,806 multifamily units within a 5-mile radius
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Chili's Grill & Bar: Indian Land, SC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
4468
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
95
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0013-00-115.11
