111 State Park Rd 2,336 SF Retail Building Greenville, SC 29609 $1,175,000 ($503.00/SF) 7.02% Cap Rate

This absolute NNN Pizza Hut in Greenville, South Carolina offers 1031 exchange investors a rare combination of yield and excellent location at an accessible price point. At $1,175,000 and a 7% cap rate, the property generates $82,452 in annual rent with zero landlord responsibilities — no maintenance, no management, no capital expenditures. The tenant, Tasty Hut of SC, LLC, a Tasty Restaurant Group subsidiary operating 115+ locations, demonstrated confidence in this site by voluntarily extending their lease in 2026, adding to an already 20+ year operating history at this address. The location itself is hard to replicate: a signalized intersection with over 90,000 combined vehicles per day, surrounded by Chick-fil-A, Lowe's, TJ Maxx, Five Guys, Olive Garden, Chase, and Bank of America in one of the Southeast's strongest growth markets. Greenville's 5-mile trade area supports over 160,000 residents with projected growth to 178,000 by 2028 and average household incomes near $82,000, and average home values within a 10 mile radius average over $480k. For investors deploying 1031 proceeds into a stable, low-maintenance asset in a market with real underlying fundamentals, this offering deserves a close look.