Close of Escrow: Chili’s in Sumter, SC

SIG is pleased to announce the recent Close of Escrow on Chili’s located in Sumter, South Carolina.

Investment Highlights Include:

Freestanding 100% Occupied Single Tenant Absolute Triple Net (NNN) – 8+ Years on Lease Remaining
Two (2) x Five (5) Year Renewal Options
CPI Rent Increases Every Five Years Including at Options – Next Increase is in 2022
Guarantee by Hielan Management – 43 Unit Chili’s Grill & Bar Franchisee and One of the Only 4 Chili’s Franchisee’s in the Country
Strong Demographics with Population of 55,000+ Within a 5-Mile Radius and 95,000+ Within 10-Miles
Daytime Employee Population is 13,948 Within 3-Miles
Median Household Income in Excess of $45,000 Within 3-Miles of Location
Located Along Major Thoroughfare with Excellent Visibility From Broad Street with Two Access Points
Within Walking Distance of Six Hotels Along Broad Street
Sumter, SC is Home to Shaw Air Force Base – One of the Largest Air Force Bases in the Country & Only Two Bases that Have Rail Service
Local Major Manufacturers in Sumter Include: Continental Tire, Caterpillar, Kaydon Corporation and Eaton Electrical
Select Nearby Tenants Include: Walmart Supercenter, Lowe’s Home Improvement, TJ Maxx, Big K, Michaels, Starbucks, Ashley Home Furniture, Dunkin’ Donuts, Outback Steakhouse, IHOP, Applebee’s and Buffalo Wild Wings