12328 Highway 56 N - Fast Food FOR SALE


Clinton, SC 29325
$1,133,000 USD
480-221-4221
12328 Highway 56 N, Clinton, SC for Sale
$1,133,000 USD
Fast Food - FOR SALE
1/6
null | 6% Cap Rate

12328 Highway 56 N
Clinton, SC 29325


HIGHLIGHTS

  • Brand New 5-Year Extension | Corporate Signed Ground Lease | Options to Extend | Occupied Property for 40 Years
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Direct On/Off Ramp Access to Interstate 26 | Located Along State Highway 56 | Limited Competition

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN, corporate signed, drive-thru equipped, Hardee’s investment property located in Clinton, South Carolina (Greenville MSA). The tenant, Hardee’s Restaurant LLC, recently signed a brand new 5-year lease extension with 2 (5-year) option periods to extend. The lease features CPI increases at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities, making it an ideal, management-free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$1,133,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Hardee's | Recent Extension | Corp Abs NNN Gr

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C-3

APN/PARCEL ID

635-00-00-027

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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