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1702 E GREENVILLE ST Anderson SC 29621-2009

APN 1481102004

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Building SqFt 2,729
Lot SqFt 45,651
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code NC
Year Built 2018
Building Count 1
Opportunity Zone No
Lease Term ******
Remaining Term ******
Lease Expiration ******
Mortgage Amount ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Asking Details
Asking Price
$2,942,000
Asking Cap Rate
5.4%
Asking NOI
$158,861
Investment Highlights

ATTRACTIVE LEASE FUNDAMENTALS

  • 8% rent increase every 5 years and during options periods
  • Absolute NNN providing no Landlord Responsibilities
  • 15 Year Lease with Three (3) - Five (5) year option periods

STRONG CORPORATE GUARANTEE

  • Corporate Guarantee from Panera, LLC
  • JAB Holdings acquired Panera, LLC in 2017 for $7.5 billion dollars
  • There are over 2,100+ Panera Bread locations operating across the United States and Canada

NEW CONSTRUCTION

  • The site is set to open in the fall of 2025, and the property is the tenant’s newest prototype which includes a drive-thru

HIGH GROWTH UPSTATE SC

  • Over 25+ colleges and universities in the Upstate region providing ~28K graduates to the workforce each year
  • Greenville, SC and the upstate area has had over $11B of capital investment in the trailing 3 years
  • 13.5% population growth since 2014

POSITIONED IN DENSE RETAIL NODE

  • Fronting E. Greenville St - over 23K Cars per day
  • Within a 1-mile radius of the subject site is more than 468K SF of retail space
  • Nearby national retailers include: Publix Supermarket, Walmart Neighborhood Market, Dollar Tree, Goodwill, and more

IMMEDIATE NEARBY MARKET DRIVERS

  • Just 0.4 miles south of the site is McCants Middle School which has more than 560 students enrolled
  • 0.8 Miles south of the site is the NHC Healthcare Anderson Hospital which has around 300 beds and serves as a nursing home and hospital
  • 0.8 Miles north of the site is the Anmed Medical Center with over 450 beds for acute care

Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Investment Highlights

ATTRACTIVE LEASE FUNDAMENTALS

  • 8% rent increase every 5 years and during options periods

  • Absolute NNN providing no Landlord Responsibilities

  • 15 Year Lease with Three (3) - Five (5) year option periods

STRONG CORPORATE GUARANTEE

  • Corporate Guarantee from Panera, LLC

  • JAB Holdings acquired Panera, LLC in 2017 for $7.5 billion dollars

  • There are over 2,100+ Panera Bread locations operating across the United States and Canada

NEW CONSTRUCTION

  • The site is set to open in the fall of 2025, and the property is the tenant’s newest prototype which includes a drive-thru

HIGH GROWTH UPSTATE SC

  • Over 25+ colleges and universities in the Upstate region providing ~28K graduates to the workforce each year

  • Greenville, SC and the upstate area has had over $11B of capital investment in the trailing 3 years

  • 13.5% population growth since 2014

POSITIONED IN DENSE RETAIL NODE

  • Fronting E. Greenville St - over 23K Cars per day

  • Within a 1-mile radius of the subject site is more than 468K SF of retail space

  • Nearby national retailers include: Publix Supermarket, Walmart Neighborhood Market, Dollar Tree, Goodwill, and more

IMMEDIATE NEARBY MARKET DRIVERS

  • Just 0.4 miles south of the site is McCants Middle School which has more than 560 students enrolled

  • 0.8 Miles south of the site is the NHC Healthcare Anderson Hospital which has around 300 beds and serves as a nursing home and hospital

  • 0.8 Miles north of the site is the Anmed Medical Center with over 450 beds for acute care

Sale Date
******
Sold Price
******
Buyer Borrower 1 Corp Indicator
******
Buyer Borrower 1 Name
******
Buyer Borrower 1 Ownership Rights Code
******
Mortgage Recording Date
******
Mortgage Maturity Date
******
Mortgage Term
******
Document Number
******
Document Type
******
Mortgage Interest Rate
******
Mortgage Loan Type
******
Mortgage Lender Name
******
Loan Amount
******
Mortgage Document Date
******
Resale Flag
******
Sales Price Code
******
Seller 1 Corp Indicator
******
Transaction Type
******
Mortgage Loan Trans Type
******
Seller 1 Name
******
Transfer Tax
******
Sold By
******
Sold To
******
Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station, QSR/Fast Food
Marketing Description

Anderson, South Carolina, is a charming city located in the northwest part of the state. Known as “The Electric City” due to its early adoption of electricity, Anderson offers a mix of historical charm and modern amenities. Major attractions for both locals and visitors include Lake Hartwell, theAnderson County Museum, Denver Downs Farm, and Carolina Wren Park.

Anderson has a strong manufacturing base, with companies like Michelin and Electrolux having significant operations in the area. Anderson University and AnMed Health are major employers, contributing to the educational and healthcare services in the region. The surrounding area is also known for agriculture, particularly in crops like soybeans and corn, and the presence of numerous family-owned farms.

The city has a diverse population, with a mix of different ethnicities and backgrounds, contributing to a rich cultural fabric. The median age in Anderson is around 38 years, with a balanced mix of age groups, from young professionals to retirees.

Featuring a variety of shops, restaurants, and cultural venues, the downtown area is a hub of activity and a focal point for community events.Palmetto Distillery is known for its craft spirits, particularly moonshine and whiskey, the distillery offers tours and tastings.

Anderson, SC, combines a rich history with a dynamic present, offering residents and visitors a variety of attractions and economic opportunities. The city’s emphasis on education, healthcare, and manufacturing, along with its cultural and recreational amenities, make it a vibrant community in the heart of South Carolina.

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Zoning

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NC CommercialNeighborhood CommercialNeighborhood Commercial District
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
JS
Julius Swolsky PRO
LIC: 02074212
•••.•••.3704
••lius@•••••••••t.co
Brokerage logo
Sold on
 BY:
BB
Brenton Baskin PRO
LIC: CA 01808681 (+1)
•••.•••.0292
•••nton@•••••••••••.com
Brokerage logo
Listing removed on
 BY:
DH
David Hoppe PRO
LIC: NC 288268
•••.•••.1972
••oppe@••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
BO
Ben Olmstead PRO
LIC: NC 315015
•••.•••.3296
•••••tead@••••••••••••••.com
Brokerage logo

Map

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