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QuikTrip | Top 5% Location Nationwide | South Carolina

2085 SC-86, Piedmont, SC 29673

Listing Price: $5,400,000

Cap Rate
5.00%
Tenant Name
QuikTrip
Years Remaining On Lease
10.0
Gross SF
4,825
Guarantor
Corporate Guarantee
Rentable SF
4,825
Price/Gross SF
$1,119.17
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$55.96

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN leased QuikTrip, conveniently located directly off of Interstate 85, with 84,000 vehicles per day. This QuikTrip is corporately guaranteed, features rental increases, and comes with absolutely no landlord responsibilities. It is eligible for 60% depreciation in year one, consulting your accountant or attorney is advised.
This location was the most visited in South Carolina, with over 790,000 visits in the past 12 months, and is ranked among the top 5% of QuikTrip locations nationwide, per Placer.ai. Conveniently, subject property is surrounded by a growing population with new developments nearby. 161,177 people live and 153,378 people work within 10 miles. Large employers nearby include Bosch, Coca-Cola, Budweiser, and more. In addition to that, there is a new $35 million health care development being build adjacent to QuikTrip, bringing additional jobs and foot traffic to the area.

Investment Highlights

  • NNN Leased QuikTrip with 10 Years of Term Remaining | Corporately Guaranteed by QuikTrip Corporation
  • Rental Increases of 0.25% of Total Cost (Land and Improvements) Every Five Years
  • Conveniently Situated Directly off of the Interstate 85 Interchange | Nearly 84,000 Vehicles per Day
  • This Location had Over 790,000 Visits in the Last 12 Months (Placer.ai) | The Third Most Visited Location in South Carolina and Among the Top 5% Nationwide
  • 0.3 Miles from a New Construction Starbucks (2023) and Less than One Mile from Exchange Logistics Park (2021-2023 Construction) Creating an Abundance of New Jobs to the Area
  • Directly Across from a New $35 Million Health Care Facility (See OM for More Details)
  • Additional Major Tenants Nearby Include Walgreens, O'Reilly Auto Parts, DG Market, Dollar Tree, United States Postal Service, McDonald's, Subway, Burger King, H&R Block, Allstate, and More

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Auto Service - Gas-Conv

QuikTrip | Top 5% Location Nationwide | South Carolina

Listing Price: $5,400,000

Cap Rate
5.00%
Tenant Name
QuikTrip
Years Remaining On Lease
10.0
Gross SF
4,825
Guarantor
Corporate Guarantee
Rentable SF
4,825
Price/Gross SF
$1,119.17
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$55.96

Investment Highlights

  • NNN Leased QuikTrip with 10 Years of Term Remaining | Corporately Guaranteed by QuikTrip Corporation
  • Rental Increases of 0.25% of Total Cost (Land and Improvements) Every Five Years
  • Conveniently Situated Directly off of the Interstate 85 Interchange | Nearly 84,000 Vehicles per Day
  • This Location had Over 790,000 Visits in the Last 12 Months (Placer.ai) | The Third Most Visited Location in South Carolina and Among the Top 5% Nationwide
  • 0.3 Miles from a New Construction Starbucks (2023) and Less than One Mile from Exchange Logistics Park (2021-2023 Construction) Creating an Abundance of New Jobs to the Area
  • Directly Across from a New $35 Million Health Care Facility (See OM for More Details)
  • Additional Major Tenants Nearby Include Walgreens, O'Reilly Auto Parts, DG Market, Dollar Tree, United States Postal Service, McDonald's, Subway, Burger King, H&R Block, Allstate, and More

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN leased QuikTrip, conveniently located directly off of Interstate 85, with 84,000 vehicles per day. This QuikTrip is corporately guaranteed, features rental increases, and comes with absolutely no landlord responsibilities. It is eligible for 60% depreciation in year one, consulting your accountant or attorney is advised. This location was the most visited in South Carolina, with over 790,000 visits in the past 12 months, and is ranked among the top 5% of QuikTrip locations nationwide, per Placer.ai. Conveniently, subject property is surrounded by a growing population with new developments nearby. 161,177 people live and 153,378 people work within 10 miles. Large employers nearby include Bosch, Coca-Cola, Budweiser, and more. In addition to that, there is a new $35 million health care development being build adjacent to QuikTrip, bringing additional jobs and foot traffic to the area.

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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