1466 Woodruff Rd Local commercial 392 m² À vendre Greenville, SC 29607 2 674 897 € (6 826,07 €/m²) Taux de capitalisation 4,40 %

This offering presents a premier single-tenant net lease investment opportunity featuring Whataburger, a nationally recognized quick-service restaurant brand with a strong regional presence. Located at 1466 Woodruff Road in Greenville, South Carolina, the property benefits from a high-traffic retail corridor with over 40,000 vehicles per day and exceptional visibility. The site is surrounded by major national retailers, including Walmart, Hobby Lobby, Starbucks, and Publix, creating a robust consumer draw and consistent foot traffic.
The tenant, Whataburger Restaurants, LLC, operates under a corporate-guaranteed, absolute NNN lease structure, providing investors with a truly passive income stream. The original 15-year lease commenced in June 2024 and runs through June 2039, with three 5-year renewal options and 10% rental increases every five years. Current annual rent starts at $135,000, escalating to $215,725 in later option periods, ensuring long-term income growth.
Greenville is one of the fastest-growing markets in the Southeast, strategically positioned near major interstates (I-85 and I-385) and within driving distance of Charlotte, Atlanta, and Asheville. The area boasts strong demographics, with a projected 2025 population of over 219,000 within a 15-minute radius and average household incomes exceeding $120,000. This combination of a high-performing tenant, long-term lease security, and a thriving location makes this property an ideal addition to any investment portfolio.