1057 Tiger Blvd
Clemson, SC 29631

The subject property is a 2,857 +/- sf freestanding NNN Taco Bell located on Tiger Boulevard, approximately 1 mile from Clemson University. Boulevard serves as the main highway into Clemson University and also one of the main highways serving Lake Hartwell, a 56,000 acre lake serving Georgia and South Carolina. Clemson University, founded in 1889, currently has an enrollment of approximately 23,000 students and ranks as the 23rd best national public university by U.S. News & World Report. The university offers approximately 80 undergraduate and 110 graduate degree programs offered by seven colleges. Clemson’s retention and graduation rates rank among the highest in the country for public universities. They’ve been named among the best public college values by Kiplinger magazine in 2017, and Princeton Review named them among the “Colleges that pay you back” in 2017 as well. Clemson is part of the Greenville, SC MSA, which is home to more than 1.4 million residents. The Greenville economy is driven by financial institutions, auto industry, and healthcare. Major employers, in addition to Clemson University, include Bank of America, BMW, Bausch & Lomb, Adidas, Denny’s, Ernst & Young, and Verizon. The Greenville metro continues to experience strong growth and is expected to add 60,000 people through 2021, an increase of nearly 5%. New developments continue to happen throughout the Greenville MSA, especially near Clemson University on or around Tiger Boulevard. A new Publix center was recently constructed near the Taco Bell, in addition to a Walmart Market and several new student housing projects. Other national retailers located on Tiger Boulevard near Taco Bell include: a new strip center with AT&T, GameStop, and Jersey Mike’s, McDonald’s, Chick-fil-A, Cook-Out, Zaxby’s, Wendy’s, Waffle House, Pizza Hut, Dunkin’ Donuts, Starbucks, and Rite-Aid. The Tenant, Mid-South Bells, signed a 20-year NNN Lease that expires October 2031. The Lease includes above market annual increases of 2.0% and the property was recently constructed approximately 5 years ago with the new Taco Bell prototype. Mid-South Bells is comprised of 48 units, and is part of one of the largest Taco Bell franchise groups in the U.S with approximately 190 units.