RESTAURANT INVESTMENT

For Sale

297 Lancaster Bypass E, Lancaster, SC 29720

This Lancaster property for sale is located at 297 Lancaster Bypass E. The current listed sale price for RESTAURANT INVESTMENT is $2,522,044. RESTAURANT INVESTMENT is situated on a lot that is 1.28 acre in size.

Contacts

broker

Robbie Romeiser

Spencer/Hines Properties

(864) 706-0877

broker

Grayson Atkins

Spencer/Hines Properties

(864) 316-0702

Property Details

  • Property Type Retail
  • Property Size 3,472 SF
  • Lot Size 1.28 Acre
  • Year Built 2006
  • Date Updated Feb 8, 2024

+/- 3,472 SF Hardee's Restaurant on 20 Year Lease with 8.5 Years Remaining 

10% Escalations Every 5 Years During Initial Term 

Net Operating Income - $151,322.60 

4-Five Year Options to Renew with CPI Escalations Absolute NNN Lease - No Landlord Responsibilities Next Escalation: February 2027 

5.82% Cap 

Lot Sixe: +/- 1.28 Acres 

Located on a Corner at a Traffic Light 

Tax Map#: 0068A-0A-001.00

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Getting around

  • 40/100

    Walk Score ®

  • 24/100

    Bike Score ®

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Location

  • City Lancaster, SC
  • Zip Code 29720
  • Market Greenville

Points of Interest

  • Marathon

    7.36 miles

  • Pizza Hut

    3.17 miles

  • Subway

    3.19 miles

  • 88

    3.19 miles

  • Aldi

    0.40 miles

  • Walmart Supercenter

    0.88 miles

  • Food Lion

    3.18 miles

  • Smalls Food Center

    9.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact RESTAURANT INVESTMENT