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904 E Main StLaurens, SC 29360
Taco Bell | Laurens, SC | 5.35% Cap
Asset ClassRetail
overview of deal

Overview

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of Taco Bell | Laurens, SC. This premises has a 20 year ground lease to Taco Bell which commenced in November 2017. The Asset is well positioned in a major retail hub and fronts the main commuter thoroughfare between Laurens, SC and Clinton, SC.

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Investment Highlights

ATTRACTIVE LEASE FUNDAMENTALS

  • 10% rent increase every 5 years and during options periods | Absolute NNN Ground lease with no early termination clause | Four (4) - Five (5) year option periods

FRONTING A MAJOR COMMUTER ROAD

  • E. Main St has over 13K vehicles per day | Main commuter route connecting Laurens, SC and Clinton, SC | E. Main St provides direct access to Lauren County Hospital (90 Beds) - 3.2 miles

LOCATED IN COMMERCIAL HUB

  • Over 822K SF of Retail Space in a 1-mile radius | National tenants include: Starbucks, Sonic, Pizza Hut, MoD Wash, Walgreens, and Zaxbys

NEARBY MAJOR RETAILERS

  • Located in front of a Walmart Super Center (1.8M visits in trailing 12 months) | Across the street from Ingles Market (8th best performing store in NC) and Belk Outlet

NAME BRAND TENANT

  • Taco bell is located in all 50 states, and has over 7,800 total locations | Taco Bell serves over 4.2M customers weekly
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904 E Main StLaurens, SC 29360
Walmart Out Parcel

Sales Team

Frederic VictorExecutive Vice President - Capital Markets at Atlantic Capital Partners(404) 617-0158fvictor@atlanticretail.com
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Listing provided by Revere CRE