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- LoopNet Team
1101 E Main St
Westminster, SC 29693
Burger King · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Dedicated Turn Lane
- Restaurant
- Drive Thru
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
ABOUT 1101 E MAIN ST , WESTMINSTER, SC 29693
LONG-TERM, WORRY-FREE INVESTMENT • “Burger King of Tomorrow” Prototype – Burger King Corporate is pushing for the new design which will include exterior, guest-facing enhancements, like double drive-thru lanes and outdoor digital menu boards – Burger King ranked #1 in speed of service in QSR Magazines 2018 Drive-Thru Study • Long-Term Lease – This is a brand new 20-year deal with four (4), 5-year options to extend • Absolute NNN Lease – Tenant takes care of all landlord responsibilities including tax, insurance, maintenance, roof and structure • Growing Cash Flow – There are 10.00% increases every 5 years – Excellent hedge against inflation! GROWTH FOCUSED TENANT • High Growth Operator – Tenant currently has 19 stores with plans to expand strategically in existing markets – Expected to have 30+ stores by mid-2020 STRATEGIC LOCATION • Out-Positions Competitors – Burger King is the closest fast-food restaurant to the town’s only grocery store, Ingles Market • Sparse Competition – Westminster is an underserved market – Burger King’s main competitor in town is a Hardee’s
PROPERTY TAXES
| Parcel Number | 530-22-08-008 | Improvements Assessment | $76,952 |
| Land Assessment | $2,430 | Total Assessment | $79,382 |
PROPERTY TAXES
