Overview

Description

Savills, as the exclusive advisor to the Seller, is pleased to present the absolute NNN investment opportunity consisting of the fee simple interest in a Sonic Drive-In property located at 12 Berryblue Court, Simpsonville, South Carolina.

There are approximately 9.25 years remaining on the Primary Term of the absolute NNN Lease, and Three (3) Five (5)-year Options to Extend. The Lease features rental increases in the amount of Seven Percent (7.00%) every Five (5) years throughout the Primary Term and Option Periods.

As of year-end 2022, the Tenant operated approximately 60 Sonic Drive-In restaurants throughout Georgia, Louisiana, South Carolina and Texas.

The property benefits from its large, One (1)-acre lot size situated in the heart of The Golden Strip (at the crossroads of highways I-385 and I-185).

Broker of Record: Andrew Lechter
SC License No. 17268

Highlights

• +/- 9.25 Years Remaining on Primary Term
• Absolute NNN Lease
• Strong Store Sales - Inquire with Broker for More Information

Documents

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