Pizza Hut | Triple Net (NNN) Lease
$1,780,969
2803 Main Street, Newberry, SC 29108
For Sale
Retail
Restaurant
Active
Last Updated: 09/11/2021
6.5
Cap Rate
115.763
NOI
Details:
Cap Rate: 6.5%
NOI: $115.76
Building Size: 3,846 sqft
Lot Area: 0.97 acres
Lease Type: Triple Net
Year Built: 2004
Price Per Sqft: $463.07
Highlights:
- Long Term Triple Net (NNN) Lease With Zero Landlord Responsibilities
- YUM! Brands, Inc. is the Third Largest Management-Owned Franchise Restaurant Company and Employs Over 20,000 People in the U.S.
- Property Sits Near the Intersection of Main St and Wilson Rd Which Has a Combined Traffic Count of Over 23,992 Vehicles Per Day
- Out-Parcel to the Heritage Shopping Center and Lowe’s and Adjacent to Tractor Supply and Walmart Supercenter
- Residents That Live Within a 3-Mile Radius Earn an Average Household Income of Over $50,448
- Minutes From the Newberry High School and Newberry County School District Offices
- Less Than 3-Miles From the Samsung Home Appliance Manufacturing Plant, Kiswire Steel Fabricator, Doncasters Trucast Manufacturer and Komatsu America Manufacturer Along Main Street Near Hwy 26
- Newberry is the Home of Newberry College, a Private Liberal-Arts College Affiliated With the Evangelical Lutheran Church in America
- Just 45 Minutes From Columbia; the Columbia-Combined Statistical Area Has a Population of 937,288 Residents and is the 2nd Largest in the State
- Nearby Tenants Include: CVS Pharmacy, Goody’s, Dollar General, AutoZone, McDonald’s, Dunkin’, Starbucks, Subway, Advance Auto Parts, Verizon, KFC, Taco Bell, Wendy’s, GameStop, Aaron’s and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 3, 846 SF Pizza Hut at 2803 Main Street in Newberry, SC. This Opportunity Includes Approximately 9 Years Remaining on a Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891
BoR: Chris Sands – Lic. # 93103
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