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Restaurant

Clutch Coffee

2027 Celanese Rd, Rock Hill, SC 29732

Listing Price: $1,745,000

Cap Rate
5.50%
Tenant Name
Clutch Coffee Bar
Years Remaining On Lease
15.0
Gross SF
850
Guarantor
Corporate Guarantee
Rentable SF
850
Price/Gross SF
$2,052.94
Lease Type
Double Net
Rent Per Square Feet
$112.94

Investment Overview

Clutch Coffee is a growing chain of drive-thru coffee stores based in the Carolinas. They currently operate close to ten stores and have family office funding to continue to expand. Clutch Coffee is being offered as a 15 year NN lease with minimal landlord responsibilities. The site is located in Rock Hill, a growing city 25 miles outside of Charlotte.

Investment Highlights

  • Successful Unit Volumes which are a direct commitment to tenant's lease | The typical AUV at mature locations exceed 1.6MM in store sales annually
  • Strong Demographics in Rock Hill, SC | Rock Hill, South Carolina is a growing city within the heart of the Carolinas. The five-mile population is roughly 120,000 and 300,000 in the 10 mile radius
  • Perfect Location for Coffee Shop | 2027 Celanese Rd is located on the east bound side of Celanese Rd which residents use to get to US Hwy 77 - a major interchange leading to Charlotte
  • The lease features an attractive increase rental structure of 2% increases annually in base rent
  • The Drive Thru Coffee company opened in 2018 with the owners having over 20 years experience in the coffee industry
  • Minimal Landlord Responsibilities | Landlord Covers Structure, Roof, and Parking
  • 10 Year Roof Warranty| Developers Roof Warranty blended with Double Net (NN) Lease allows for risk free management for the landlord
  • The lease is guaranteed by corporate Clutch Coffee. New series A funding is providing additional financial support

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Restaurant

Clutch Coffee

Listing Price: $1,745,000

Cap Rate
5.50%
Tenant Name
Clutch Coffee Bar
Years Remaining On Lease
15.0
Gross SF
850
Guarantor
Corporate Guarantee
Rentable SF
850
Price/Gross SF
$2,052.94
Lease Type
Double Net
Rent Per Square Feet
$112.94

Investment Highlights

  • Successful Unit Volumes which are a direct commitment to tenant's lease | The typical AUV at mature locations exceed 1.6MM in store sales annually
  • Strong Demographics in Rock Hill, SC | Rock Hill, South Carolina is a growing city within the heart of the Carolinas. The five-mile population is roughly 120,000 and 300,000 in the 10 mile radius
  • Perfect Location for Coffee Shop | 2027 Celanese Rd is located on the east bound side of Celanese Rd which residents use to get to US Hwy 77 - a major interchange leading to Charlotte
  • The lease features an attractive increase rental structure of 2% increases annually in base rent
  • The Drive Thru Coffee company opened in 2018 with the owners having over 20 years experience in the coffee industry
  • Minimal Landlord Responsibilities | Landlord Covers Structure, Roof, and Parking
  • 10 Year Roof Warranty| Developers Roof Warranty blended with Double Net (NN) Lease allows for risk free management for the landlord
  • The lease is guaranteed by corporate Clutch Coffee. New series A funding is providing additional financial support

Investment Overview

Clutch Coffee is a growing chain of drive-thru coffee stores based in the Carolinas. They currently operate close to ten stores and have family office funding to continue to expand. Clutch Coffee is being offered as a 15 year NN lease with minimal landlord responsibilities. The site is located in Rock Hill, a growing city 25 miles outside of Charlotte.

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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