696 Bypass 123 | Seneca, SC 29678
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- LoopNet Team
696 Bypass 123
Seneca, SC 29678
Applebee's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Significant Lease Term Remaining | Tenant Recently Exercised 5-Year Option Through 2029
- Lease Features 1.25% Annual Increases Through Base Term and Options | Hedge Against Inflation
- High Credit, Experienced Operator | Thrive Restaurant Group Operates 170+ Units Across 15 States
- High Relative Foot Traffic Among Local Applebee's | 2nd Most Trafficked Location out of 27 in the State (Placer.ai)
- High Performing Location | Healthy Rent-to-Sales Ratio, $3.9M In Sales (2023)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,933 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.29 AC
AMENITIES
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 520-11-05-011 | Improvements Assessment | $59,634 |
| Land Assessment | $30,960 | Total Assessment | $90,594 |
PROPERTY TAXES
Parcel Number
520-11-05-011
Land Assessment
$30,960
Improvements Assessment
$59,634
Total Assessment
$90,594
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