Metro Diner - Anderson, SC

Colliers is delighted to present an exciting investment opportunity: the fully renovated Metro Diner ground lease located at 3401 Clemson Boulevard, Anderson, South Carolina in the rapidly growing Greenville-Anderson, SC Metropolitan Statistical Area. This brand-new 10-year NNN lease, projected to commence on approximately March 15, 2025, is backed by one of the nation’s top emerging chains, Metro Diner, operated in part by Chris Sullivan, co-founder of Outback Steakhouse. Known for its generous portions, Southern hospitality, and classic comfort food, Metro Diner was founded in Jacksonville, FL, in 1938, and has since expanded to over 60 locations across 12 states, following a successful partnership with ConSul Hospitality in 2014.

The property is prominently situated on a prime hard corner at Main Street (Hwy 178) and Country Club Lane. It spans 4,100 square feet on approximately 0.88 acres, an invaluable position given the limited land availability along Clemson Blvd, which remains a hotspot for food retailers. The surrounding area includes a robust mix of national and regional retailers and services like Target, TJ Maxx, Ulta, Dicks, Chick-fil-A, Starbucks, alongside hotels, medical facilities, and more.

Located within the Greenville-Anderson, SC Metropolitan Statistical Area—home to nearly one million residents and projected for significant population growth—this area benefits from nearby major institutions like Clemson and Furman Universities. Greenville’s status as a key inland port and host to major headquarters like BMW and Michelin North America further enhances the region’s economic stability. Further, the site is proximate to Lake Hartwell which sees 10 million visitors annually.

This NNN lease offers a true passive investment structure, with the tenant responsible for all real estate taxes, CAM, and insurance. The landlord has installed a brand-new roof, and the accompanying warranty will be assigned to the tenant. The tenant is responsible for all repairs/replacement of the roof thereafter. This asset is offered at $2,424,348, reflecting a competitive 5.75% cap rate.

This is a rare opportunity to acquire a high-quality, stabilized asset in one of the Southeast’s most dynamic markets.

3401 CLEMSON BLVD., ANDERSON, SC