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OFFERING SUMMARY

  • Location: Clemson, SC (Greenville MSA)
  • Address: 896 Tiger Blvd Clemson, SC 29631
  • Price: $2,810,000
  • Cap Rate: 6.00%
  • Building SF: 2,134 Sq Ft
  • Net Operating Income: $168,545
  • Year Built: 2010
  • Lot Size: +/- 0.52 Acres

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Marketing Package

EXCLUSIVELY LISTED BY:

INVESTMENT HIGHLIGHTS:

  • On the Doorstep of Clemson University (29,000+ Student Population)
    – Located at 896 Tiger Boulevard, the property sits at the front door of Clemson University. Clemson University enrolls 29,000+ students and draws millions of visitors annually, creating a built-in, recession-resistant customer base.
    – High-Volume Foot Traffic: Over 92% of students live off-campus, creating a constant flow of pedestrian and vehicular traffic past campus-adjacent storefronts throughout the day and night.
    – Athletic Economic Driver: Home to “Death Valley” (Memorial Stadium), the campus attracts hundreds of thousands of visitors annually. Football game days alone bring a massive influx of spectators who fill local restaurants and retail shops.
    – The subject property is located on stoplight intersection right outside The Cove at Clemson which is a 2022 Construction, luxury 633 bed student housing community. There are 2091 student beds under construction at Clemson University, with 16,400+ student beds total.
  • Absolute NNN Lease | Zero Landlord Responsibilities | 2.00% Annual Increases
    – Structured as an Absolute Net lease, the tenant is responsible for all expenses including roof, structure, taxes, insurance, and maintenance.
    – Lease features 2% annual increases, compounding return over life of the lease.
    – 7+ years of contractually obligated rent remaining on an original 10-year lease with one 10-year option.
  • Location Fast Food Advantages: Why this Location Wins
    – Student Lifestyle & Convenience: With a 94.1% first-year retention rate and a rigorous academic environment, the student body prioritizes speed and convenience. Demand for late-night and “between-class” dining is extremely high.
    – Unrivaled Gameday Spikes: The property’s proximity to campus means it captures the peak “pre-game” and “post-game” crowd, where thousands of fans seek quick meals before entering the stadium or heading back to their vehicles.
    – Captive Audience of Faculty & Staff: Beyond students, the university employs over 1,500 full-time instructional faculty and thousands of support staff who require efficient lunch options during the work week.
  • High-Growth Clemson, SC Market | Explosive Population Trends
    – Clemson market population has grown 25.71% since 2010 and is projected to add an additional 5.31% over the next 5 years — significantly outpacing national averages.
    – Median age of 30.3 years (vs. 39.5 national average) signals a young, growing, consumer-spending population driven by Clemson University’s student and faculty base.
    – Clemson University has highest endowment of South Carolina colleges at $1.03B+ and Clemson, SC has over 1 million square footage of property under construction as of Q1 2026 (Costar).