Property summary
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
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Party Supply Store (Bike/Boat/Book/etc) Store
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Big Box & Wholesale Store
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Hat Shop
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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