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447 N DUNCAN BYP Union SC 29379-8604

[Locked] • APN 073-00-00-096 000

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Building SqFt 2,280
Lot SqFt 32,234
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code A-2
Year Built 2023
Building Count 1
Opportunity Zone Yes
Lease Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food
Marketing Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,365 SF Starbucks Located at 447 North Duncan Bypass in Union, SC. This Deal Includes a Long Term Lease With Limited Landlord Responsibilities and 10% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation, Providing For a Secured Investment.

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Investment Highlights
  • Long Term Lease With Limited Landlord Responsibilities

  • 10% Rent Increases Every 5 Years Providing a Strong Hedge Against Inflation

  • Corporately Guaranteed Lease By Starbucks Corporation (NASDAQ: SBUX) with a Rating of “BBB+” by S&P – Over $35 Billion in Revenue in 2023 and a Market Cap of Over $97 Billion

  • Brand New 2023 Construction With 20-Year Roof Warranty

  • Starbucks is the Largest Coffee Retailer in the World, With Over 37,000 Locations in 80 Countries

  • Situated Adjacent From the Union County Fairgrounds, a Hub For Community Events and Festivals

  • Nearby National Retailers Include: Walmart Supercenter, Tractor Supply Co, McDonald's, Subway, Wendy's, Bojangles, Pizza Hut, O'Reilly Auto Parts, Advance Auto Parts, Save-A-Lot, CVS Pharmacy and Many More

  • Positioned Along the Area's Traffic & Retail Corridor; Features Easy Access and Excellent Visibility With Daily Traffic Counts Exceeding 13,000 Vehicles

  • In Close Proximity to Downtown Union and Union Medical Center - a 85- Bed Acute Care Hospital Playing a Vital Role in Providing Healthcare Services to Local Residents and Visitors

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
JM
Jordan Mulloy PRO
•••.•••.0380
•••lloy@•••••••.com
Brokerage logo
Listing removed on
 BY:
WS
Will Schuhmacher PRO
•••.•••.5924
will@•••••••.com
Brokerage logo
Listing removed on
 BY:
MF
Max Freedman PRO
•••.•••.2711
max@•••••••.com
Brokerage logo
Listing removed on
 BY:
DR
Doug Roland PRO
•••.•••.2217
doug@•••••••.com
Brokerage logo

Map

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