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4395 Sc-24 Anderson, SC 29626

OFF-MARKET Retail properties & Spaces Google Maps
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 2,720 square foot Burger King located at 4395 SC-24 in Anderson, South Carolina. Built in 2019, this property sits on 1.092 acres and is subject to a 20-year absolute triple-net (NNN) lease, with 15 years remaining until expiration on December 1, 2039. The lease boasts a 6% cap rate and features a base rent of $156,388 annually, commencing in year six. Ten percent rent escalations are built into the lease every five years, covering the initial term and all four, five-year renewal options. This is a new prototype building, offering a secure investment with a strong guarantor: CFH Master Holding, LCC and its CEO, Bruce Daniels. The property benefits from its location along the I-85 corridor, a high-growth area known as the "Boom Belt," midway between Atlanta and Charlotte, within the Greenville-Anderson-Greer MSA. Its proximity to Clemson University (12 minutes away, 22,875 students) further enhances its appeal. This is a compelling opportunity to acquire a stable, high-performing asset in a rapidly developing market. The asking price is $2,606,466.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019

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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Comparable Approach Comparable
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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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