Andy's Frozen Custard - Greenville MSA

1101 W Wade Hampton Blvd, Greer, SC

$1,282,000

Price

1,396 sqft

Building Size

0.7 acres

Lot Area

Overview
Building Size
1,396 sqft
Lot Area
0.7 acres
Occupancy
100%
Units
1
Year Built
2019
Parking Spots
27
Description

RealtyLink is proud to offer this newly developed Andy's Frozen Custard drive-thru and walk-up restaurant on a long term triple net ground lease in metro Greenville SC. Andy's is the largest dessert only franchise in the world with more than 90 locations in 14 states. The property is positioned at a highly visible signalized intersection on a heavily commuted corridor about 10 miles from downtown Greenville and 6 miles from Greenville-Spartanburg International Airport.

Intersection of US Hwy 29 and W Poinsett Street near downtown Greer.

Highlights
  • 15 year triple net ground lease that commenced 2/15/2019
  • 10% rent bumps every 5 years including each of the 5 renewal options
  • Largest dessert only franchise in the world - 90+ locations in 14 states
  • Traffic counts of approximately 27,300 VPD in front of the property
  • Population over 96,600 in a 5 mile radius - 6.7% growth by 2024
  • Average HH income over $70,600 in a 1 mile radius - 19.7% growth by 2024
Documents

Location
Gallery