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Restaurant

KFC

411 N U.S. Hwy 52, Moncks Corner, SC 29461

Listing Price: $1,247,800

Cap Rate
6.50%
Tenant Name
Star Brands II LLC
Years Remaining On Lease
7.4
Gross SF
2,299
Guarantor
Franchisee Guarantee
Rentable SF
2,299
Price/Gross SF
$542.76
Lease Type
Absolute Net
Rent Per Square Feet
$35.28

Investment Overview

Marcus & Millichap is proud to exclusively list an Absolute NNN Leased KFC with just under eight years remaining on the base term. The lease calls for 1.5-percent annual rent increases. Guaranteed by Star Brands II LLC, a 21-unit entity. The site is located at the fork of U.S. Highway 52 and Highway 17, with traffic counts exceeding 32,600 and 21,100, respectively. Just down the road from a large retail center anchored by Walmart Supercenter and many nationally recognized retailers such as Dollar Tree, Wendy's, Chick-Fil-A, Verizon, Applebee's, Tractor Supply Co. and many more. The population exceeds 23,600 residents within a five-mile radius.


Investment Highlights

  • 1.5-Percent Annual Rent Increases
  • Star Brands II LLC Operates 21 Units
  • Absolute NNN Lease with No Landlord Responsibilities
  • U.S. Hwy 52 - 32,600+ ADT
  • Population Exceeds 23,600 (Five-Mile)
  • Located at the fork of U.S. Highway 52 and Highway 17

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

Listing Price: $1,247,800

Cap Rate
6.50%
Tenant Name
Star Brands II LLC
Years Remaining On Lease
7.4
Gross SF
2,299
Guarantor
Franchisee Guarantee
Rentable SF
2,299
Price/Gross SF
$542.76
Lease Type
Absolute Net
Rent Per Square Feet
$35.28

Investment Highlights

  • 1.5-Percent Annual Rent Increases
  • Star Brands II LLC Operates 21 Units
  • Absolute NNN Lease with No Landlord Responsibilities
  • U.S. Hwy 52 - 32,600+ ADT
  • Population Exceeds 23,600 (Five-Mile)
  • Located at the fork of U.S. Highway 52 and Highway 17

Investment Overview

Marcus & Millichap is proud to exclusively list an Absolute NNN Leased KFC with just under eight years remaining on the base term. The lease calls for 1.5-percent annual rent increases. Guaranteed by Star Brands II LLC, a 21-unit entity. The site is located at the fork of U.S. Highway 52 and Highway 17, with traffic counts exceeding 32,600 and 21,100, respectively. Just down the road from a large retail center anchored by Walmart Supercenter and many nationally recognized retailers such as Dollar Tree, Wendy's, Chick-Fil-A, Verizon, Applebee's, Tractor Supply Co. and many more. The population exceeds 23,600 residents within a five-mile radius.


Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

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