Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a Starbucks & Carolina Oaks Dental Care located in Anderson, SC.
- Minimal Landlord Responsibilities: Landlord is only responsible for capital items, including structure, roof & parking lot replacement
- High Quality Class “A” Construction: Built in 2016, the Seller has taken meticulous care of the property providing a buyer with little risk of future deferred maintenance
- Healthy NOI Growth: Starbucks increases 10% every 5 years and Carolina Oaks increases 1.5% annually throughout the primary term and option periods
- Very Desirable Tenant Mix: Corporate Starbucks and very successful dental office provide excellent diversification
- Excellent Demographics & Access to Population Density: Over 72,000 people with an average HHI of $64,618 within a 5-mile radius
- Vibrant Community: Nearby traffic generators include Publix, Chick-Fil-A, McDonalds, Anderson University, two major AnMed Health Campuses, three public schools, two private schools, and 29,000 households within the trade area
- Servicing AnMed Health’s Two Main Campuses: The property is located between two major AnMed Health campuses, each only minutes from the site.
- New AnMed Campus: AnMed Health recently purchased the land directly across the street with plans to build a +/-$38M third campus
- Booming Greater Market: The “Upstate” is award winning and one of America’s fastest growing MSA’s
- Explosive Regional Growth: Anderson sits in the center of the Charlanta mega-region just off the I-85 “Boombelt,” a high growth corridor extending from Atlanta to Raleigh reporting a 40% higher growth rate than the rest of the U.S.