Investment Highlights
Well Known, Brand Name Tenant Driving Sales
Attractive Lease Fundamentals
Well Positioned on High Trafficked Rd
Executive Summary
Well Known, Brand Name Tenant Driving Sales - Scooter?s Coffee has over 600 stores, with plans to open 1,000 stores by the end of 2024 - Located in over 20 statesAttractive Lease Fundamentals - 20 year ground lease provides next owner with zero landlord responsibilities - 10% rental increases in primary and option periodsStrong Surrounding Demos in High-Growth MSA - More than 48K people live in a 3-mile radius - AHHI is approximately $90K in a 3-mile radius - Charlotte MSA ranks as the 8th fastest growing metro in the countryLocated on Rock Hill?s Main Retail Corridor - Over 1.6MSF of retail space is located in a 1-mile radius, boasting a 0.8% vacancy rate - Nearby national retailers include: Publix, Aldi, Chick-Fil-A, Chipotle, Dunkin, and Burger KingWell Positioned on High Trafficked Road - Subject site is positioned on the morning side of Cherry Rd (32,300) to I-77 (71,900) - Over 84 feet of frontage on Cherry Rd - Less than 1 mile to I-77 exit
