119 S Buncombe Rd
Greer, SC 29650
Retail Property For Sale

Sonic Drive-In is a quick service, drive-in restaurant with a brand new 15 year Absolute NNN Lease offering 7% rental escalations every 5 years. Sonic Corporation is the nation’s largest drive-in restaurant chain serving approximately 3 million customers every day. The high quality food and drinks, combined with their one of a kind carhop delivery service style, positions them as the most highly differentiated concept in the quick service restaurant category. The tenant, PVG Restaurant Group, is the largest Sonic franchisee in the Atlanta DMA and is an experienced 31 unit operator in Georgia and South Carolina with the tenant/lease guarantor encompassing 18 restaurant locations. The subject property is located in Greer, South Carolina, just off a hard corner where traffic counts exceed 65,500 CPD! This location has been open and operating since 2003 (Est.) with a healthy 8.7% rent to sales ratio. Nearby retailers include Target, Hobby Lobby, Walmart Neighborhood Market, Kohls, Belk, Tractor Supply Co., Lowe’s Home Improvement, The Home Depot, Harbor Freight Tools, Dobson True Value Hardware 2, Bi-Lo, ALDI, Big Lots, Staples, Goodwill, Hibbett Sports, Dollar Tree, Badcock Home Furniture & More, NAPA Auto Parts, Gold’s Gym, Anytime Fitness, Walgreens, Rite Aid, CVS Pharmacy, and PetSmart. *In Association with South Carolina Local Broker: Langston Black