1777 N Highway 17
Mount Pleasant, SC 29464

The subject offering is an absolute NNN leased Raising Cane’s in Mt. Pleasant, South Carolina. There are over 15 years remaining on the initial 20 year term. The lease calls forå 5% rental increases every 5 years during the inital term and at each of the four, 5-year options to renew. The NNN lease calls for zero landlord obligations. Mount Pleasant is a large suburban town in Charleston County, South Carolina. It is the fourth largest municipality and largest town in South Carolina, and for several years was one of the state’s fastest-growing areas, doubling in population between 1990 and 2000. The population was 67,843 at the 2010 census, making it the largest South Carolina town by population in that census. The estimated population in 2014 was 77,796. At the foot of the Arthur Ravenel Bridge is Patriots Point, a naval and maritime museum, home to the World War II aircraft carrier USS Yorktown, which is now a museum ship. The Ravenel Bridge, an eight-lane highway that was completed in 2005, spans the Cooper River and links Mount Pleasant with the city of Charleston.