2464 Augusta Hwy Lexington, SC 29072

Building Details

Year Built

2026

Listing agency Cushman & Wakefield - Sacramento, California s***@cushwake.com

Listed by Vincent Aicale · License #CA 01728696

Source Crexi

Added: Apr 16 Updated: Jul 22 at 10:23PM Checked: Jul 22 at 10:23PM

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Investment Insights

Based on property information with market context.

This property is offered as an absolute NNN ground lease to Taco Bell under a 15-year term. The lease includes 10% rental increases every five years through the initial term and four (4) additional five-year option periods, designed to provide income growth over time.

The tenant, Bell Carolina, LLC, operates Taco Bell restaurants as part of Bell American Group. The company is described as running approximately 273 restaurants across eight states.

Under the NNN structure, the tenant covers all taxes, insurance, and maintenance, including roof, structure, and parking lot. The listing also states the lease is “absolute NNN,” meaning the landlord’s responsibilities are limited to the extent described in the ground lease terms.

Key Highlights

• New 15‑year absolute NNN ground lease with Taco Bell, plus four (4) five‑year option periods
• Rent increases 10% every five (5) years through the initial term
• Tenant (Bell Carolina, LLC) covers taxes, insurance, and maintenance, including roof, structure, and parking lot

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FAQs

What type of property is this?

NNN property - Absolute NNN ground lease with rent increases every five years and tenant responsibility for taxes, insurance, and maintenance.

Where is this nnn property located?

The property is located at 2464 Augusta Hwy Lexington, SC.

What is the asking price?

The asking price for this property is $2,039,000.

What are key features of this property?

This property features: New 15‑year absolute NNN ground lease with Taco Bell, plus four (4) five‑year option periods; Rent increases 10% every five (5) years through the initial term; Tenant (Bell Carolina, LLC) covers taxes, insurance, and maintenance, including roof, structure, and parking lot