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Firehouse Subs NNN Restaurant
For Sale
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574 Spears Creek Church Rd, Elgin, SC 29045

Absolute NNN lease with long-term occupancy and scheduled rental increases supports a low-management ownership structure.

Property SizeContact for details
Days on Market143

Property Features for 574 Spears Creek Church Rd

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 79,200 vehicles/day
Highway Access Yes
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Zack Williams · License #CA - 021119181
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:56AM

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 Newport Beach

Investment Insights

Based on property information with market context.

This fee-simple restaurant property is occupied by Firehouse Subs under an absolute NNN lease. The newly executed lease runs for 15 years and includes two 5-year extension options, with 10% rental increases every 5 years during the initial term and at the start of each option period. The structure assigns zero landlord responsibilities under the lease.

The property sits near the signalized intersection of Spears Creek Church Rd and Interstate 20, where combined traffic averages 79,200 vehicles daily. It is adjacent to Burger King and Dollar General and within 5 miles of Village at Sandhill, a 1,000,000+ square foot shopping mall. Additional nearby national retailers include Target, Best Buy, Kohl’s, Lowe’s Home Improvement, Hobby Lobby, Sam’s Club, Publix Super Market, and The Home Depot. The 5-mile trade area includes a population of over 66,319 and 17,775 employees, with an average household income of $110,266.

Key Highlights

  • Firehouse Subs occupies the property under a newly executed 15‑year absolute NNN lease
  • Two 5‑year extension options and 10% rental increases every 5 years during the initial term
  • Zero landlord responsibilities under the absolute NNN lease structure

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Restaurant Dental Office HVAC 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

79,200 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

279
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 88% Dining 12%
Dollar General Shops & Services
12,605 visits/mo 0.5 miles
PJ's Coffee of New Orleans Dining
1,868 visits/mo 0.4 miles
Extra Space Storage Shops & Services
767 visits/mo 0.4 miles

Demographics for 29045, SC

27,723
Population
11,643
Households
2.4
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
67.9 sq mi
ZIP Area
408
Density / Sq Mi
$80,627
Median Household Income
$44,018
Median Earnings
$1,318
Median Rent
$241,200
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 - Absolute NNN lease with long-term occupancy and scheduled rental increases supports a low-management ownership structure.
Where is this nnn property located?
The property is located at 574 Spears Creek Church Rd Elgin, SC.
What are key features of this property?
This property features: Firehouse Subs occupies the property under a newly executed 15‑year absolute NNN lease; Two 5‑year extension options and 10% rental increases every 5 years during the initial term; Zero landlord responsibilities under the absolute NNN lease structure
More about this property
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