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Income / Business
Vacant brick building close to shopping adjacent to convenience store, parking area. Can be used for a variety type of businesses.
Owners motivated to retire and hand over the keys! Located in historic Marion, SC is this thriving retail location. Currently this location is being utilized as a furniture and design showroom as well as a jewelry and gift showroom. This business has operated for 45 years at this location and retains a great business reputation. The current ownership is retiring and wishes to sell the building alone or as an ongoing business. Current ownership is available to assist the new owners on a consultant basis to assist in a smooth transition. This location consists of 5144sqft of showroom and 1750sqft of warehouse space. The showroom consists of high ceilings with beautiful moldings and other enhancements. The warehouse space is 16' in height to accomodate the existing adjustable pallet shelving in place. This building underwent a complete exterior and interior makeover in 2006. The lot size consists of 130' of highway frontage with 150' of depth. The parking lot is 5000sqft and there is room for additional expansion.
The tenant, South Carolina Pizza Restaurants, LLC, will sign a new 10-year NNN Lease at Close of Escrow. The Lease will contain rental escalations of 5% every 5 years and four, 5-year options to extend. South Carolina Pizza Restaurants, LLC is a Pizza Hut franchisee that operates 19 Pizza Hut restaurants concentrated in the markets of Anderson, Florence, and Greenwood/Spartanburg, SC. This group is comprised of four Red Roof stores (RR), eleven Restaurant-Based Delivery stores (RBDs), and four Delivery/Carryout stores (Delcos). The guarantor, South Carolina Pizza Holdings, LLC, also operates an additional eight Pizza Hut units along the Panhandle of Florida, for a total of 27 Pizza Hut restaurants. The franchise organization operates a total of 80 Pizza Hut restaurants, and is also one of the largest Taco Bell and IHOP franchisees in the United States. As a result of its scale, the Company is able to attract and retain an experienced management team comprised of seasoned restaurant veterans that average over 30 years of experience in the industry.
Credit tenant property offered at an attractive 11.64%.
Income / Business
Former 88 bed assisted living center located on 10+ acres. Currently closed, but in an area of great opportunity and need. Turn key operation w ith full kitchen, ample parking, located in a very spacious rural setting. Reopen as assisted living or other medical such as substance abuse clinic. Square footage/acreage is approximate and not guaranteed. Buyer/Tenant is responsible for verification.
This is an excellent opportunity to be located on a prime thoroughfare in Marion with excellent visibility in a vibrant grocery-anchored shopping center along with neighboring Tenant' s of Farmer' s Home Furniture and Cititrends. The US Highway 76 Corridor is Marion' s heaviest traveled commercial and commuter thoroughfares in the county. The area is a vibrant commercial sector that is home to a variety of commercial entities including: professional and financial/banking services, food and beverage and many national and local retail businesses. Available for sale is +/- 8,000 square foot open space with storage room and 2 restrooms. This layout allows for the ability to customize the interior to suit most individual preferences. The site is highly visible and easily accessible from US Highway 76. For Sale at $189,000. Will Consider Lease at $2,500 Per Month 3 Year Minimum Lease