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9 Malphrus Rd
Bluffton, SC 29910
Chick-fil-A NNN Ground Lease · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
2002/2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.33 AC
Zoning
6616
Amenities
- Restaurant
- Drive Thru
About 9 MALPHRUS RD , BLUFFTON, SC 29910
The property is approximately 1.3 acres in size and includes a 4,000 SF Chick-fil-A restaurant, with a double drive-thru which Chick-fil-A has operated since 2002. Recently, Chick-fil-A chose to exercise three of it renewal options and make a large capital investment to completely renovate this location. As a result, the ground lease has fourteen-plus (14+) years remaining on its current term with (11), five-year options to renew. Rent escalations provide for rent increases of eleven percent (11%) in years 5 and 10, and ten percent (10%) rent increases in every option period thereafter.
Property Taxes
| Parcel Number | R600-040-000-0676-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $130,620 |
Property Taxes
Parcel Number
R600-040-000-0676-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$130,620
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