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Restaurant

Long John Silver's

201 S Main St, Mauldin, SC 29662

Listing Price: $2,000,000

Cap Rate
5.50%
Tenant Name
Long John Silver's
Years Remaining On Lease
13.4
Guarantor
Corporate Guarantee
Rentable SF
2,620
Lease Type
Absolute Net
Rent Per Square Feet
$41.98

Investment Overview

Marcus & Millichap is pleased to exclusively offer this freestanding Long John Silver's situated on S Main St in Mauldin, SC. The property is located in Greenville County and has a 3 mile population of over 45,000. The property is offered with a 14+ year Corporate Guaranteed lease with option periods, and 10% rental increases every five years to hedge against inflation. This property features a huge 1.36 AC lot making it an ideal investment for a developer and passive investor alike.

Investment Highlights

  • Absolute-NNN Lease | No LL Responsibilities Making This a Perfect Investment for Out of State Investors
  • Rare Corporate Guaranteed Fast Food Restaurant
  • 14+ Years Remaining on Firm Lease Term w/ Four (4), Five (5) Year Renewal Options

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Restaurant

Long John Silver's

Listing Price: $2,000,000

Cap Rate
5.50%
Tenant Name
Long John Silver's
Years Remaining On Lease
13.4
Guarantor
Corporate Guarantee
Rentable SF
2,620
Lease Type
Absolute Net
Rent Per Square Feet
$41.98

Investment Highlights

  • Absolute-NNN Lease | No LL Responsibilities Making This a Perfect Investment for Out of State Investors
  • Rare Corporate Guaranteed Fast Food Restaurant
  • 14+ Years Remaining on Firm Lease Term w/ Four (4), Five (5) Year Renewal Options

Investment Overview

Marcus & Millichap is pleased to exclusively offer this freestanding Long John Silver's situated on S Main St in Mauldin, SC. The property is located in Greenville County and has a 3 mile population of over 45,000. The property is offered with a 14+ year Corporate Guaranteed lease with option periods, and 10% rental increases every five years to hedge against inflation. This property features a huge 1.36 AC lot making it an ideal investment for a developer and passive investor alike.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

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