www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30948849
30948850

1807 E Greenville St, Anderson, SC 29621

DS
IL IL 475.134920
Marcus & Millichap - Chicago Oak Brook
BB
IL 475.183424
eXp Commercial
Listed by Marcus & Millichap - Chicago Oak Brook, eXp Commercial
$2,172,000
75 days on market
Updated 14 days ago

HipBurger | Electric City Eye Care - Anderson, SC

Details
Property Type Retail
Sub Type QSR/Fast Food, Shopping Center
Square Footage 3,702
Cap Rate 7%
NOI $151,974
Occupancy 100%
Tenancy Multi
Brand/Tenant HipBurger
Lease Type NN
Lease Term 10
Lease Expiration 11/30/2034
Remaining Term 8.5
Rent Bumps Yes
Price per SqFt $587
Broker Co-Op Yes
Year Built 2010
Year Renovated 2024
Acreage 1.100
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 12/01/2024
Ground Lease No

Long-Term Leases with 2.00% and 3.00% Annual Increases in Rent | 26,000+ Cars Per Day

Investment highlights

QSR + Medtail | Annual Rental Growth | Drive-Thru

  • HipBurger has 2% annual increases and Electric City Eye Care has 3% annual increases, further compounding initial 6.50% return.

  • QSR and healthcare is one of the most durable tenant combinations in retail — both are necessity- based, foot-traffic-generating uses that are highly resistant to e-commerce disruption

  • Both leases structured as NN with tenants responsible for their proportionate share of expenses, landlord carries minimal operating burden.

Sub-$2.3M Price Point- Multi-Tenant Retail

  • At $2,297,000, this is one of the lowest-priced fully-occupied multi-tenant retail assets available in the Southeast

  • Priced at a 6.50% cap rate, this investment offers a meaningful premium over comparable single tenant QSR product with a bonus of a medical recession proof tenant with additional 3% annual rental increases.

Greenville, SC MSA | High-Growth Upstate South Carolina Market

  • Anderson sits at the southwest border of the Greenville-Anderson-Greer MSA, the largest MSA in South Carolina (1.5M+ Population), also being one of the fastest-growing manufacturing and distribution markets in the country, anchored by BMW, Michelin, and a wave of new industrial investment

  • 5-mile population of subject property is 75,000+ with a daytime population of 43,000+ employees. Dense, working consumer base with consistent everyday spending patterns ideal for QSR and healthcare retail

  • Anderson, SC is located 30 minutes from Clemson University and 30 minutes from downtown Greenville - benefiting from the economic growth of two rapidly expanding and stable Southeast markets.

Primary Retail Corridor | Strategic Location on E. Greenville Street

  • 1807 E. Greenville Street sits on one of Anderson’s primary retail corridor, seeing 30,000+ vehicles per day

  • 1.13-acre lot with drive-thru provides amble parking, access, and flexibility for uses in the long term future

  • Location is less than mile from AnMed North Campus with over 340,000 square feet of medical care and 50+ medical departments and less than mile from dominant retailers like McDonald’s, Publix, QuikTrip, Panera Bread, Starbucks, and Chick-Fil-A.

Listing Contacts

DS
IL IL 475.134920
Marcus & Millichap - Chicago Oak Brook
BB
IL 475.183424
eXp Commercial
Listed by Marcus & Millichap - Chicago Oak Brook, eXp Commercial

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$151,974.00
$12,664.50/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Ben Yelm
License
86628
Brokerage
Marcus & Millichap
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591