Clutch Coffee (Rock Hill, SC)
2027 Celanese Rd, Rock Hill, SC 29732
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Property Summary
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Price: $1,700,000
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CAP Rate: 6.00%
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Leasable Area: 850 SF
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Status: Available
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Lease Type: Double Net (NN)
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Lease Term Remaining: 15 Years
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Guarantee: Corporate
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NOI: $102,000 / Year
Investment Highlights
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15 Year Corporate Guaranteed Lease| The lease is guaranteed by corporate Clutch Coffee.
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High Traffic Area 46,000 Vehicles Per Day| Located 25 Miles South of Charlotte on Celanese road with daily traffic averaging over 46,000 cars with ample visibility
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10 Year Roof Warranty | Developer’s Roof Warranty blended with Double Net (NN) Lease
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Attractive Lease Term with 2% Increases Annually| Brand New Construction
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Successful Fundamentals | 100% Drive Thru Annual Growth Projected in Sales | Brand & Unit is Operating Low Rent to Sales Ratio which are poised for massive store growth in the near future which is a great security to a lease with annual increases in rent.
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Strong Demographics in Rock Hill, SC | Rock Hill, South Carolina is a growing city within the heart of the Carolinas. The five-mile population is roughly 120,000 and 300,000 in the 10 mile radius.
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Strong Unit Perfomance | Four+ New Locations Opening 2022 Demonstrating Fast Growth
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Neighboring Tenants: Food Lion, Subway, McDonalds, Aldi, Walgreens, Sonic, Dominos, Anytime Fitness and several others.
Nick Cartus (Lead Contact)
Neil Naran
See Our
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The Naran Group of Marcus & Millichap is a net lease investment group. Marcus & Millichap is the most dominant brokerage group in the country with more than 80+ offices and nearly 2,000 agents throughout the US and Canada. Marcus & Millichap currently closes more transactions than any other firm.