Burger King, Greer, SC

6029 Wade Hampton Boulevard
Greer, SC 29650

PROPERTY SOLD

Property: Investment Sales

Price: $1,246,150

Cap Rate: Call

Description:

  • Carrols Corporation (approx. 560-unit franchisee)
    6029 Wade Hampton Blvd (US Hwy 29), located 10 miles NE of downtown Greenville
  • 2,392 square feet developed in 2008 on a 0.93-acre outparcel to Target, PETsMART and Hobby Lobby
  • Tenant is on a 20-year NNN ground lease with 10% rent bumps every 5 years and 4,5-year options
  • All cash buyer paid $1,246,150 and closed on 12/11/08, prior to the property opening for business
  • Buyer was a high net worth individual out of NC completing a 1031 tax deferred exchange

Burger King, Greer, SC

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Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com