
Hardee's
3 Pelham Road
Greenville, SC 29615
PROPERTY SOLD
Property: Investment Sales
Square Footage: +/- 3,037
Acreage: +/- 1.12
Price: $2,820,000
Cap Rate: 5.25%
Description:
- 56 year old company with two brands and over 3,700 restaurants in 44 states and 38 other countries
- 20 year NNN corporate lease commenced September 2015 with 7% rent bumps every 5 years
- Class A construction on A+ corner real estate at a busy intersection in a dense commercial area
- Traffic counts of +/- 35,000 cars per day in the immediate vicinity
- 3 mile radius population of 67,360 and average HH income of $60,352
- 1 mile from Bob Jones University with an enrollment of +/- 3,000 students
- 3 miles from downtown Greenville, the Upstateās economic hub with 20,000 daytime employees
- Greenville, with a CSA population of 1.5 million, is ranked on numerous Top 10 lists including Forbes, CNN Money and Huffington Post


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile