4395 Sc-24Anderson, SC 29626
- Retail properties
Property Details for 4395 Sc-24
- Year built
- 2019
- Property type
- Retail properties
Description
This exceptional investment opportunity presents a 2,720 square foot Burger King located at 4395 SC-24 in Anderson, South Carolina. Built in 2019, this property sits on 1.092 acres and is subject to a 20-year absolute triple-net (NNN) lease, with 15 years remaining until expiration on December 1, 2039. The lease boasts a 6% cap rate and features a base rent of $156,388 annually, commencing in year six. Ten percent rent escalations are built into the lease every five years, covering the initial term and all four, five-year renewal options. This is a new prototype building, offering a secure investment with a strong guarantor: CFH Master Holding, LCC and its CEO, Bruce Daniels. The property benefits from its location along the I-85 corridor, a high-growth area known as the "Boom Belt," midway between Atlanta and Charlotte, within the Greenville-Anderson-Greer MSA. Its proximity to Clemson University (12 minutes away, 22,875 students) further enhances its appeal. This is a compelling opportunity to acquire a stable, high-performing asset in a rapidly developing market. The asking price is $2,606,466.
Location Insight
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Latitude
- 34.5104
- Longitude
- -82.7597
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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