12328 Highway 56, Clinton, SC 29325
3,189 SF | Retail Building | Clinton, SC 29325 | $1,133,000 ($355/SF) | 6% Cap Rate
For Sale
Active
Asking Price $1,133,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 3,189 SF
- Price / Square Foot
- $355
Listing Contacts
Patrick Luther
Matthew Mousavi
Property 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.
Property Details
- Class
- C
- Year Built
- 1984
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 57,935 SF
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
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].