Restaurant
Little Caesars - #1 Site in Charleston MSA
4450 Dorchester Rd, North Charleston, SC 29405
Listing Price: $599,060
Investment Overview
Headquartered in Detroit, Michigan, Little Caesars was founded in 1959 as a single, family-owned restaurant. Today, Little Caesars is the third-largest pizza chain in the world, with stores in each of the 50 U.S. states and 27 countries and territories. The tenant, Restaurant Management Group, Inc., is an experienced franchisee that operates 57 Little Caesars locations in Tennessee, eastern North Carolina, metro Atlanta, central Florida, and eastern South Carolina.
Located just a few miles north downtown Charleston, North Charleston is a vibrant city full of charm and history. Home to 114,852 residents (as of the 2020 U.S. Census), North Charleston is the third-most populous city in South Carolina and spans Berkeley, Charleston, and Dorchester counties.
Little Caesars - #1 Site in Charleston MSA
Investment Highlights
- Triple-Net (NNN) Lease with Five Years Remaining on Lease Term and 3 Percent Annual Rental Increases
- Tenant is an Experienced Franchisee that Operates 57 Little Caesars Locations
- Drive-Thru Location with Excellent Frontage Along Dorchester Road (30,000 Cars per Day), a Major Thoroughfare
- Centrally Located with Immediate Proximity to Interstates 526 and 26, Major Connectors for the Charleston Area with Direct Access to Downtown Charleston
- Strong Location Ranking #1 Among All Little Caesars Sites in the Charleston MSA and in the Top 13 Percent of Little Caesars Nationwide per Placer.ai
- 133,785 Residents and 178,022 Daytime Employees Within a Five-Mile Radius - Dense Trade Area in the Charleston MSA
- Minutes from Charleston International Airport (Over 5.32 Million Passengers in 2022)
- Two Miles from North Charleston's Main Retail Corridor, Home to Tanger Outlets Charleston, Topgolf, Charleston Area Convention Center, and More
Exclusively Listed By
Broker of Record
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Restaurant
Little Caesars - #1 Site in Charleston MSA
Listing Price: $599,060
Investment Highlights
- Triple-Net (NNN) Lease with Five Years Remaining on Lease Term and 3 Percent Annual Rental Increases
- Tenant is an Experienced Franchisee that Operates 57 Little Caesars Locations
- Drive-Thru Location with Excellent Frontage Along Dorchester Road (30,000 Cars per Day), a Major Thoroughfare
- Centrally Located with Immediate Proximity to Interstates 526 and 26, Major Connectors for the Charleston Area with Direct Access to Downtown Charleston
- Strong Location Ranking #1 Among All Little Caesars Sites in the Charleston MSA and in the Top 13 Percent of Little Caesars Nationwide per Placer.ai
- 133,785 Residents and 178,022 Daytime Employees Within a Five-Mile Radius - Dense Trade Area in the Charleston MSA
- Minutes from Charleston International Airport (Over 5.32 Million Passengers in 2022)
- Two Miles from North Charleston's Main Retail Corridor, Home to Tanger Outlets Charleston, Topgolf, Charleston Area Convention Center, and More
Investment Overview
Headquartered in Detroit, Michigan, Little Caesars was founded in 1959 as a single, family-owned restaurant. Today, Little Caesars is the third-largest pizza chain in the world, with stores in each of the 50 U.S. states and 27 countries and territories. The tenant, Restaurant Management Group, Inc., is an experienced franchisee that operates 57 Little Caesars locations in Tennessee, eastern North Carolina, metro Atlanta, central Florida, and eastern South Carolina. Located just a few miles north downtown Charleston, North Charleston is a vibrant city full of charm and history. Home to 114,852 residents (as of the 2020 U.S. Census), North Charleston is the third-most populous city in South Carolina and spans Berkeley, Charleston, and Dorchester counties.
Exclusively Listed By
Broker of Record
Financing By
