Leased Coffee Shop with Long-Term
1029 Edgefield Rd North Augusta, SC 29860
1029 Edgefield Rd, North Augusta, SC, 29860
$2,080,000
For Sale
$2,080,000
Corporate-guaranteed Caribou Coffee 10-year lease includes a 12.5% rent increase in year 6 and at each option start.
Days on Market69
Property Features for 1029 Edgefield Rd
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Properties For Sale
at 1029 Edgefield Rd Contact us
Listing agency
SRS Real Estate Partners Atlanta
(770) 402-3432
Listed by
Michael Berk · License #385824
(770) 402-3432
Source
Srsre
Added: May 14 Updated: Jul 21 at 7:02AM Checked: Jul 21 at 7:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Atlanta
Investment Insights
Based on property information with market context.
This for-sale coffee shop offering is anchored by a brand-new 10-year lease recently executed by Caribou Coffee Operating Company Inc. The lease includes three additional 5-year options to extend, and it is signed by the corporate entity.
Per the lease structure, rent increases by 12.5% during year 6 of the initial term and at the beginning of each option period. The corporate execution and staged increases are designed to support growing NOI over time and help hedge against inflation.
Caribou Coffee is a well-known, established coffee chain with more than 800 coffeehouses worldwide. The property is located at 1029 Edgefield Rd, North Augusta, SC 29860.
Per the lease structure, rent increases by 12.5% during year 6 of the initial term and at the beginning of each option period. The corporate execution and staged increases are designed to support growing NOI over time and help hedge against inflation.
Caribou Coffee is a well-known, established coffee chain with more than 800 coffeehouses worldwide. The property is located at 1029 Edgefield Rd, North Augusta, SC 29860.
Key Highlights
- Corporate‑guaranteed Caribou Coffee 10‑year lease signed by the corporate entity
- Lease includes 3 (5‑year) renewal options to extend the term
- Rent increases by 12.5% in year 6 of the initial term and at the start of each option period
Property Analytics
Location Intelligence
Current Use by Public Records
Checkers
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Laura Sheedy — 21 Murrah Rd Ext, North Augusta, SC 29860
- Starbucks — 1062 Edgefield Rd, North Augusta, SC 29860
FAQs
What type of property is this?
Coffee shop - Corporate-guaranteed Caribou Coffee 10-year lease includes a 12.5% rent increase in year 6 and at each option start.
Where is this coffee shop located?
The property is located at 1029 Edgefield Rd North Augusta, SC.
What is the asking price?
The asking price for this property is $2,080,000.
What are key features of this property?
This property features: Corporate‑guaranteed Caribou Coffee 10‑year lease signed by the corporate entity; Lease includes 3 (5‑year) renewal options to extend the term; Rent increases by 12.5% in year 6 of the initial term and at the start of each option period
