Popeyes Absolute Triple Net Lease Fast Food South Carolina

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Sands Investment Group is Pleased to Present For Sale the Popeyes Absolute Triple Net Lease Located in North Charleston, South Carolina. This Deal Includes an Absolute Triple Net (NNN) Lease Opportunity With Zero Landlord Responsibilities and 10% Rent Bumps Every Five Years and 3 x 5 Year Options, Providing For a Secure Investment.

• This Lease Features 10% Rent Bumps Every Five Years and 3 x 5 Year Options
• Freestanding Restaurant With Drive-Thru Located Directly on Rivers Avenue
• Long History of Success at This Location and Have Been in Operation Since 2001
• Property Located on a Major Intersection Directly on Rivers Avenue Sees Over 46,012 VPD Providing Excellent Visibility
• Signalized Full Access To/From Rivers Avenue
• Direct Visibility and Ease of Access, the Property is Located Just Off the I-26 Off Ramp With Over 164,382 VPD
• The Population in a 2-Mile Radius Surrounding the Property Has Grown By 3.0% Over the Last 10 Years and is Projected to Grow By 1.8% By 2026
• Outparcel to North Charleston Center With Tenants Such as: Amazon Hub, Northern Tool + Equipment, Dollar Tree, Citi Trends, Papa Johns and McDonald’s

In Cooperation With: Sands Investment Group Charleston, LLC – Lic. # 20891 BoR: Chris Sands – Lic # 93103

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• New 20 Year Absolute Triple Net (NNN) at Begin at Close of Escrow
• Lease Guarantee with Large Operator – State Acquisitions, LLC
• Low Rent-to-Sales Ratio
• 1.5% Annual Rent Increases
• Four (4) x Five (5) Year Options to Renew
• Strong Location with Historical Record of Success
• Growing North Charleston Submarket with Traffic Counts Near 20,000 VPD Along Rivers Avenue
• Strong Demographics with Over 128,000 Residents Within a 5-Mile Radius
• Neighboring Tenants Include: Family Dollar, NAPA Auto Parts, McDonald’s and Subway
• Located Less Than 2 Miles from The Charleston Naval Base Memorial and Riverfront Park

In Cooperation with Sands Investment Group Charleston, LLC Lic # 20891

 

• 100% Occupied Single Tenant NNN Medical Office Building
• Annual Rent Increases – Next Increase July 1, 2017
• 11+ Years Remaining on Lease
• Personal and Corporate Guaranteed with Strong Financials
• Provides Comprehensive Services Including In House Lab and Imaging Facilities (X-Ray and CT Scans)
• Excellent Visibility from Dorchester Road and Immediate Access from Westbound Lane
• Positive Trending of Patients Per Day (PPD)
• Population 102,000+ Within a 5-Mile Radius
• Ample Parking Available
• Select Neighboring Tenants Include: Lowes, Harris Teeter, Goodwill, Starbucks, Marshalls, Waffle House and Dominos
• In Cooperation with Sands Investment Group Charleston, LLC Lic # 20891

 

• Absolute NNN Lease – No Landlord Responsibilities
• Six Years Remaining on Rite Aid Lease
• One Year Remaining on Dollar Tree Lease with One Option to Renew until January 2023
• Corporate Guarantee by Rite Aid
• Four (5) Year Renewal Options
• Successful Location for Dollar Tree Since 2012
• Located Along Dense Retail Corridor in Highly Desirable Charleston Market
• Strong Visibility from Ashley Phosphate and Dorchester Road
• Excellent Traffic Counts – Over 47,000 VPD
• Neighboring Tenants Include: Chick-fil-A, Publix, Walgreens, CVS, McDonald’s, iQor, Hardees, Zaxby’s, Taco Bell, Burger King, Gold’s Gym and Papa John’s
• In Cooperation with Sands Investment Group Charleston, LLC Lic # 20891