Burger King, Greenville MSA

6029 Wade Hampton Boulevard
Greer, SC 29650

Carrols Corporation (approx. 560-unit franchisee)
6029 Wade Hampton Blvd (US Hwy 29), located 10 miles NE of downtown Greenville
2,392 square feet developed in 2008 on a 0.93-acre outparcel to Target, PETsMART and Hobby Lobby
Tenant is on a 20-year NNN ground lease with 10% rent bumps every 5 years and 4,5-year options
All cash buyer paid $1,246,150 and closed on 12/11/08, prior to the property opening for business
Buyer was a high net worth individual out of NC completing a 1031 tax deferred exchange

Cap Rate:

Call

Price:

$1,246,150

Property Type:

NNN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427