Brand New 2025 Construction with 15-Year Lease
– Clutch Coffee Bar signed a brand new, 15-year lease that doesn’t expire until 2040.
– The lease includes 2.00% annual rent increases to hedge inflation with one, ten-year option and two, five-year option periods.
– Aside from structure and foundation, the tenant is responsible for all maintenance as well as real estate taxes, insurance, common areas, utilities, etc making this a prime opportunity for out-of-state investors.
Clutch Coffee Bar – Expansion Plans and Growth
– Clutch Coffee Bar has demonstrated success with multiple locations across the Carolinas
– Clutch Coffee Bar prioritizes customer service and building community relationships, which can contribute to customer loyalty and repeat business.
– The company has an aggressive expansion strategy, indicating potential long-term growth and further strengthening its brand presence throughout the southeast.
Why Coffee Shops are Thriving in the Southeastern U.S.
– The Southeast is experiencing substantial population growth and increasing urbanization, particularly with younger adults. This expanding demographic, combined with increased urbanization, fuels demand for convenient and social amenities like coffee shops.
– The Southeast’s central location on the East Coast and well-developed transportation infrastructure make it attractive for businesses focused on distribution and accessibility.
– States in the Southeast are known for their pro-business climate, offering incentives and eased regulations for development. This encourages businesses, including coffee shops, to establish a presence
in the region.
– The region’s warmer climate and outdoor lifestyle encourages coffee consumption throughout the year, with a particular demand for iced coffee and cold brew variations. This translates into potentially
higher and more consistent sales for coffee shops.
Columbia, SC – State Capital and Home to University of South Carolina
– With more than 800,000 residents across six counties, the greater metropolitan region (commonly referred to as the Midlands) has the second largest population in South Carolina. Columbia, the state’s capital city, stretches across Richland and Lexington counties.
– Columbia has been experiencing consistent population growth, leading to increased demand for housing and, by extension, businesses like coffee shops that cater to a growing population.
– Columbia’s central location in South Carolina, halfway between New York and Miami, offers strategic advantages with access to major interstates and a short drive to the coast or mountains. The city also
benefits from a robust transportation infrastructure and proximity to the Port of Charleston.
