Starbucks - Interstate Location - Santee, SC
Retail | 5.85% CAP | 2,510 SqFt
Marketing description
Oswald Cooke & Associates is pleased to offer a Starbucks investment opportunity in Santee, South Carolina, available to a qualified buyer. The 2,510 SF freestanding restaurant was built in 2020 and sits on 0.74 acres. The property is subject to a 10-year NN lease with fixed rent during the base term and six (6) five-year renewal options featuring 10% rental increases at each option.
The property is strategically located at Exit 98 on Interstate 95, a major East Coast travel corridor. Santee is a popular tourism destination anchored by Lake Marion, South Carolina’s premier fishing and recreational lake. The surrounding retail corridor includes McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, multiple hotels, and other national brands, supporting strong traffic counts and long-term tenant performance.
Investment highlights
· Starbucks | Santee, South Carolina
· 2,510 SF freestanding restaurant on 0.74 acres
· Built in 2020
· 10-Year NN Lease with fixed rent during the base term
· Six (6) 5-Year Renewal Options with 10% rent increases at each option
· Interstate location at Exit 98 on I-95, a major East Coast travel corridor
· Strong tourism market anchored by Lake Marion, South Carolina’s premier fishing and recreational destination
· Surrounded by national retailers and hotels including McDonald’s, CVS, Bojangles, Taco Bell, Dollar General, and others
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