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4395 Sc-24 Anderson, SC 29626

OFF-MARKET Retail properties & Spaces Google Maps
1.09 ac lot Built 2019
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a Burger King restaurant located at 4395 SC-24, Anderson, South Carolina, 29626. The property boasts a 2,720 square foot building on a 1.092-acre lot, constructed in 2019. Currently operating under a 100% occupied, absolute triple-net (NNN) lease with a remaining term of 15 years, expiring December 1, 2039. The lease features four, five-year renewal options with a 10% rent increase every five years, ensuring consistent income growth. The current annual net operating income (NOI) is $156,388, representing a 5.65% cap rate on the asking price of $2,767,929. Situated along the I-85 corridor, this location benefits from high visibility and traffic volume on State Highway 24 (over 12,000 vehicles per day). Its proximity to Clemson University (12 minutes away) and a thriving manufacturing sector (Michelin, Bosch, Electrolux) further enhances its investment appeal. This is a prime opportunity to acquire a well-performing, long-term net lease property in a high-growth area. The property is considered the #1 ranked Burger King in South Carolina according to AlphaMap.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
Lot 1.09 ac (47,568 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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