Listed by Atlantic Capital Partners
$1,287,000
Kolapasi | Adjacent to Clemson University
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,405
Cap Rate 6.5%
NOI $83,642
Occupancy 100%
Tenancy Single
Brand/Tenant Kolapasi
Lease Type NN
Lease Term 5
Lease Expiration 04/30/2031
Remaining Term 4.9
Rent Bumps Yes
Lease Options 1 x 5 year
Price per SqFt $535
Broker Co-Op Yes
Year Built 1989
Year Renovated 2018
Acreage 0.760
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 05/01/2026
6.50% CAP | RECENTLY EXERCISED OPTION
Investment highlights
Close Proximity to Clemson University
- Clemson University enrolls 27,000+ students, employs over 6,000 faculty and staff, and generates an estimated $4.8 billion in annual economic impact across South Carolina.
3% Annual Rent Increases
- Providing built-in NOI growth and inflation hedge.
Tiger Boulevard Frontage – High-Visibility Corridor
- Direct frontage on busy Tiger Boulevard (40K VPD) provides easy ingress/egress, natural visibility, and proximity to the university's primary commercial and retail activity.
Upstate South Carolina | One of the Southeast's Fastest-Growing Regions
- Upstate South Carolina has added over 100,000 residents in the past decade, driven by BMW, Michelin, and Fluor anchoring a manufacturing and technology corridor attracting billions in capital investment annually.
Nearby Development – Clemson 2045 Plan
- Positioned just behind the site is a 5.92 acre project with 225 new residential units with 752 beds and 566 parking garage spaces with 71 surface retail parking spaces set to be completed in 2027.
Established Quick-Service Concept with Regional Footprint
- Operating across the Southeast with a scalable model and growing brand recognition.
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$83,642.00
$6,970.17/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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