1303 Tadlock Dr Murrells Inlet, SC 29576
NNN leased Cracker Barrel with long term passive income.
Property size:
9,563 SFLot size:
2.92 AcresProperty Features for 1303 Tadlock Dr
General Information
- Size
- 9,563 SF
- Lot size
- 2.92 Acres
Source:
Moodyscre
Listing Agent: Alex Sharrin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Murrells Inlet Cracker Barrel Investment
This single-tenant Cracker Barrel property is located in Murrells Inlet, SC. The tenant operates under a 20-year absolute NNN lease, which commenced in 2020 and has 15 years remaining, featuring 1.00% annual rental escalations and ten, 5-year renewal options. The property experiences over 209,000 visits annually. The surrounding area has a dense population of over 66,000 residents and an average household income exceeding $100,000 within a five-mile radius. This property offers the opportunity to acquire long-term passive income with zero landlord obligations from a widely recognized American casual dining operator.
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Murrells Inlet
- County
- Horry
- State
- South Carolina
- Longitude
- -79.0283605
- Latitude
- 33.575609
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - NNN leased Cracker Barrel with long term passive income.
Where is this conventional restaurant located?
The property is located at 1303 Tadlock Dr Murrells Inlet, SC.
What is the asking price?
The asking price for this property is $2,844,000.
What are key features of this property?
This property features: - Absolute NNN lease provides zero landlord obligations, ensuring passive income.; - Established tenant, Cracker Barrel, is a widely recognized American casual dining operator.; - Lease has **15 years remaining** with ten, 5-year renewal options, providing long-term stability.