2104 Boiling Springs Rd Boiling Springs, SC 29316

This exceptional investment opportunity presents a fee-simple ownership of a two-property portfolio leased to Copper River Grill, a successful fast-casual restaurant chain. Located in the rapidly growing Greenville-Spartanburg, South Carolina metro area, this portfolio offers a compelling combination of strong financial performance and long-term stability. The portfolio comprises two free-standing buildings totaling approximately 6,980 to 7,319 square feet, situated on approximately 1.52 to 1.69 acres of land. Both properties boast ample parking, with the Boiling Springs location featuring 60 spaces and the Seneca location offering 75. Built in 2003 and 2007, these single-story buildings are zoned AF-9 and HC, respectively. The portfolio is subject to a 100% absolute triple-net (NNN) lease with Copper River Grill, providing a passive income stream with minimal landlord responsibilities. The lease, which commenced December 18, 2019, has a remaining term of approximately 10.1 years, extending to December 31, 2034. Annual rent increases are structured as the lesser of 1.80% or 1.25 times the Consumer Price Index (CPI). The lease includes four, five-year renewal options, further enhancing the long-term value of this investment. The current Net Operating Income (NOI) is $269,577, resulting in a 7.00% cap rate. The properties are located at 2104 Boiling Springs Rd, Boiling Springs, SC 29316 and 514 US-123, Seneca, SC 29678. This portfolio represents a rare opportunity to acquire a high-performing, passively managed investment in a thriving market. The asking price is $3,851,000.