5306 Sunset Blvd - Fast Food FOR SALE


Lexington, SC 29072
$2,800,000 USD
415-690-5522
5306 Sunset Blvd, Lexington, SC for Sale
$2,800,000 USD
Fast Food - FOR SALE
1/1
null | 5.5% Cap Rate

5306 Sunset Blvd
Lexington, SC 29072


HIGHLIGHTS

  • 15-year NNN lease to The Habit Restaurants LLC
  • The Habit Burger Grill has more than 330 locations and over $466 million in revenue
  • 10% rental increases every five years after year 10
  • Adjacent to Lexington Marketplace, an upscale community shopping center anchored by The Fresh Market and Hobby Lobby
  • Conveniently located along U.S. Route 378/Sunset Boulevard, with excellent visibility and access to 41,700 vehicles per day
  • New 2022 construction featuring dedicated drive-thru for added customer convenience

OVERVIEW

The property is conveniently located along U.S. Route 378/Sunset Boulevard, with excellent visibility and access to 41,700 vehicles per day Located in a dense retail corridor, the property is surrounded by notable tenants such as Walmart Supercenter, Target, The Home Depot, Lowe’s Home Improvement, Kohl’s, Publix, and ALDI This The Habit Burger Grill is adjacent to Lexington Marketplace, an upscale community shopping center anchored by The Fresh Market and Hobby Lobby The site greatly benefits from its proximity two miles from Downtown Lexington and 10 miles from Downtown Columbia The location serves as a common gateway to Lake Murray, a popular recreation area and one of the fastest growing residential areas in the Charlotte region Projected population and income increase within 1-, 3-, and 5-mile radii over the next five years, poising The Habit Burger Grill and Lexington for steady concurrent growth

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$1,037 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Habit Burger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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Vincent AicaleCushman & WakefieldMore Info
415-690-5522

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