1617 Bypass 72 NE | Greenwood, SC 29649
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- LoopNet Team
1617 Bypass 72 NE
Greenwood, SC 29649
Applebee's | Recent 10 Yr Extension · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Original 20 Year Lease; Recent 10 Year Lease Extension; 10.00% Rent Increase Commencing November 2028; Strong Reported Unit Level Sales
- Small Price Point; Tenant Paying Low Rent PSF; Absolute Net; Zero Landlord Responsibilities; Fee Simple; Building + Land Ownership
- Situated along the Major Retail Corridor in Greenwood; Surrounding Retailers include; Zaxby’s, Aarons, Taco Bell, Hampton Inn, Sonic, Ollie’s Bargain
- Interior/Exterior Renovations Completed in 2021; Lease Operated by Top Applebee’s Franchisee: Thrive Restaurant Group; 170+ Unit Operator
- Adjacent to Food Lion; Dominant Grocer with 150+ Locations in South Carolina; Daily Traffic Counts Exceeding 24,000 Cars Per Day
- #1 Spending within 5 Miles is Food & Alcohol (Per CoStar Consumer Spending Report)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,962 SF
Building Class
C
Year Built/Renovated
1999/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.21 AC
Zoning
C
Parking
22 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
89’ on Byp 25
AMENITIES
- Pylon Sign
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 6846-952-884-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $75,000 |
PROPERTY TAXES
Parcel Number
6846-952-884-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$75,000
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