Property Description
SECURE INCOME STREAM
- New 15-Year Absolute NNN Ground Lease, Zero Landlord Responsibilities
- Brand New 2023 Construction
- 10% Rent Increases Every 5 Years and in Renewal Options
- Take 5’s Parent Company, Driven Brands, Generated Around $4.5 Billion in Sales in 2021
- Strong Operating Tenant, $12.7M in Sales in 2022, Opened 9th Location in November
PROXIMITY
- Strong Daytime Population of 45,334 within Trade Area
- High-Growth Market, Population Increased Over 34% Since 2010
- Excellent Access and Visibility to 32,300 VPD, Direct Route to Myrtle Beach
- Minutes from Coastal Carolina University with 10,811 Students & 1,651 Employees
- 15 Miles from Myrtle Beach, One of the Top Tourist Destinations in the U.S. with 20 Million Annual Visitors
- 6 Miles from Conway Medical Center, a 222 Bed Facility with Over 1,500 Employees
- Surrounded by Several K-12 Schools with 8,232 Combined Students
- Well Positioned Amongst Dense Retail Corridor with 1.1M SF within 1-Mile
- Strong neighboring operators: Bojangles has Operated for 40+ Years, Chick-fil-A Recently Completed Store Remodel
- Horry County is One of the Largest Counties in the Eastern United States with Almost 350,000 Residents
