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NNN Restaurant Portfolio
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2104 Boiling Springs Rd, Boiling Springs, SC 29316

Two established South Carolina restaurant properties leased to Copper River Grill under an absolute triple-net structure.

Property SizeContact for details
Days on Market143

Property Features for 2104 Boiling Springs Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Building Details

Buildings 2
Listing Agency: Pegasus Investments
Listed By: David Chasin · License #CA 01513027
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:24AM

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 Pegasus Investments

Investment Insights

Based on property information with market context.

This two-property restaurant portfolio includes the fee simple interests at 2104 Boiling Springs Rd in Boiling Springs and 514 Bypass 123 in Seneca, South Carolina. The Spartanburg Property contains a 7,136-square-foot restaurant on 1.52 acres, with 60 surface parking spaces, and has operated as a Copper River Grill since 2007. The Clemson Property offers 7,000 square feet on 1.83 acres, with 75 surface parking spaces, and opened as the first Copper River Grill location in 2005.

Both properties are subject to a 100% absolute NNN lease with more than 10 years of base term remaining. The lease provides annual rent escalations of 1.80%, subject to the stated CPI limitation, and is personally guaranteed by Copper River Grill’s CEO. Each location has operated under the Copper River Grill brand for nearly 20 years, providing an established restaurant-use history at both sites.

Key Highlights

  • Two‑property South Carolina portfolio at 2104 Boiling Springs Rd and 514 Bypass 123
  • 100% absolute NNN lease with over 10+ years of base term remaining
  • Annual rent escalations are the lesser of 1.80% or 1.25x CPI

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Storage Facility Tanning Salon Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,873
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 22% Hotels & Casinos 14% Home Improvements & Furnishings 1%
Krispy Kreme Doughnuts Dining
41,741 visits/mo 0.4 miles
Spartanburg Marriott Hotels & Casinos
10,269 visits/mo 0.3 miles
Family Dollar Shops & Services
4,839 visits/mo 0.4 miles
Groucho's Deli Dining
4,439 visits/mo 0.1 miles
Bank of America Shops & Services
2,769 visits/mo 0.4 miles

Demographics for 29316, SC

29,459
Population
12,202
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
93%
High-School Grad
21.8 sq mi
ZIP Area
1,351
Density / Sq Mi
$75,808
Median Household Income
$44,015
Median Earnings
$1,133
Median Rent
$227,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Two established South Carolina restaurant properties leased to Copper River Grill under an absolute triple-net structure.
Where is this nnn property located?
The property is located at 2104 Boiling Springs Rd Boiling Springs, SC.
What are key features of this property?
This property features: Two‑property South Carolina portfolio at 2104 Boiling Springs Rd and 514 Bypass 123; 100% absolute NNN lease with over 10+ years of base term remaining; Annual rent escalations are the lesser of 1.80% or 1.25x CPI
(310) 969-1135 Call to check price and availability
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