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Pizza Hut | Triple Net (NNN) Lease

$1,780,969

2803 Main Street, Newberry, SC 29108

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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