4395 SC-24
Anderson, SC 29626
Burger King · Retail Property For Sale

Optimal Lease Structure - Attractive 20-year base term - Four (4), 5-year renewal terms - 10% rent escalations every 5 years throughout entire lease - Absolute NNN lease with NO LL responsibilities - Strong personal and franchisee guarantee Greenville-Sparatanburg-Anderson, SC CSA - Largest CSA in SC with a total population of over 1,460,000 people - Home to offices and production centers for multiple national and international companies, including BMW, Bausch & Lomb, IRIX Manufacturing, Michelin North America, and GE Power - Home to the BMW US Manufacturing Plant o ±11,000 employees and over 1,500 vehicles produced daily o Over $10.6 B invested in the plant since its inception Best-In-Class QSR Tenant - Newly constructed Burger King - 2019 construction with latest BTS prototype - Burger King rankings: o #6 biggest fast-food chain in America (2019 QSR Magazine) o #2 biggest burger chain in America (2019 Work+Money) - Brand has 17,800+ locations worldwide Strong Real Estate Fundamentals - Strategically located within Greenville, SC MSA - Flat topography with optimal visibility - Ample parking with 36 spaces - Frontage along SC-24 About the Operator - Carolina Franchise Holdings - Preferred territories span GA, SC & NC - Management Team includes professional backgrounds covering development, accounting & QSR operations - Cumulative experience of Management Team exceeds 160+ years of professional experience - 1 of 5 franchisees across North America selected by Burger King Corporate to beta test new operations model rolled out to all franchisees in 2020 - 9 units opened in 2018, 17 units opened or scheduled to open by YE 2019, 5 units scheduled to open by Q1 2020