Chili’s Absolute NNN Lease

Chili’s | Sumter, SC

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,050 SF Chili’s Absolute NNN Lease Located at 2505 Broad Street in Sumter, South Carolina. This is a Highly Desirable Triple Net (NNN) Lease Opportunity With Zero Landlord Responsibilities Which Has Been Operating Since 2004, Showing a Strong Commitment to the Site.

  • Tenant Pays a Percentage Rent Component as Bonus Rent – Contact Broker For Details
  • Tenant Has Been Operating at This Site Since 2004, Showing a Strong Commitment to the Site
  • Hielan Management is One of Only 4 Franchisees That Chili’s Bar & Grill Has Approved
  • Hielan Management Operates an Additional 42 Chili’s in 4 Other States
  • Tenant Reports Quarterly and Annual Sales
  • Building Sits on a Large 1.64 AC Site
  • Sumter is Home to Shaw Military Base – 5,400 Military Members and 11,000 Families
  • Broad Street is a Main Street Leading in and Out of Sumter
  • Sumter is the County Seat For Sumter County
  • Sumter is Only 45-Miles East of South Carolina’s Capitol of Columbia
  • Surrounded By Several National and Regional Retailers Including: Lowe’s, Walmart Supercenter, Dollar Tree, Michaels, T.J. Maxx, Ross, IHOP, Logan’s Roadhouse, Dunkin’ and Many More

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

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Chili’s

 

  • 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