The Greenville restaurant that once brought build-your-own tacos and hand-painted Upstate murals to Magnolia Park has closed for good, and now its landlord is suing to collect more than $51,000 in back rent. Court filings allege Condado Tacos stopped paying its minimum rent and other required charges starting in April 2026, months before the Woodruff Road location shut its doors.
According to WSPA 7News, landlord Magnolia Park Greenville, LLC filed the lawsuit on June 30, 2026, in South Carolina's Thirteenth Judicial Circuit Court of Common Pleas, naming both Condado Tacos 44, LLC and its parent company, Revolucion Holding LLC, as defendants. The complaint alleges unpaid rent totaling at least $51,723.48 and lists three causes of action: breach of lease against Condado Tacos 44, LLC, breach of contract against Revolucion Holding LLC, and an alternative unjust-enrichment claim against Condado Tacos 44, LLC. The lawsuit also seeks contractual late charges, interest, a $150 default fee, and legal fees, per the same report.
How the Lease and Guaranty Were Structured
The dispute centers on suite G101 at 1025 Woodruff Road, where the restaurant occupied 5,000 square feet inside the Magnolia Park shopping center. The lease, executed September 12, 2022, set monthly base rent at $14,687.50 due on the first of each month and ran through April 30, 2033, per court filings cited by WSPA 7News. Parties later executed a first lease amendment on January 9, 2023, clarifying the physical address on Woodruff Road, and the lease term itself commenced February 22, 2023.
Revolucion Holding LLC executed a written guaranty agreement the same day the lease was signed, agreeing to cover all rent and financial obligations under the lease. Per the complaint, that guaranty creates an unconditional obligation requiring Revolucion Holding LLC to reimburse and indemnify the landlord for damages, court costs, and reasonable attorney fees resulting from tenant default. The landlord issued a written notice of default and demand for payment to both Condado Tacos 44, LLC and Revolucion Holding LLC on May 21, 2026, setting May 26, 2026, as the deadline to cure the outstanding balance. Neither entity paid the owed amounts by that cure deadline, according to the lawsuit.
A Pattern Repeating Across State Lines
Condado Tacos made its South Carolina debut at Magnolia Park on February 23, 2023, with a build-your-own taco concept, according to Upstate Business Journal. Less than three years later, the chain has no operating locations left in South Carolina. Its only other outpost in the state, in Mount Pleasant, permanently closed on August 29, 2026, nine days after that landlord initiated eviction proceedings, as reported by The Post and Courier.
The closures aren't isolated to South Carolina. Condado Tacos also shuttered its original 2018 Indianapolis location in Broad Ripple in July 2026 and its Mountain Brook, Alabama, location that June, according to the Indianapolis Business Journal. Hoodline previously covered the Indianapolis closure in Broad Ripple Reels As Condado Tacos Shutters Original Indy Outpost. The Post and Courier reported on September 1, 2026, that Condado Tacos' corporate website showed 50 restaurants across nine states — a footprint built in part on a 2020 recapitalization by New York private equity firm The Beekman Group, which aimed to expand the Columbus-founded brand toward nearly 100 locations nationwide.
Landlord Has History of Pursuing Unpaid Rent
Magnolia Park Greenville, LLC is the landlord in the current lawsuit. Magnolia Park itself, redeveloped from the former 1978 Greenville Mall into a 490,921-square-foot open-air complex, was sold in December 2014 for over $155 million to a joint venture majority-owned by MetLife Core Property Fund and managed by M&J Wilkow. The shopping center sits at the intersection of Interstates 85 and 385 along the Woodruff Road corridor, anchored by tenants including Costco, Bass Pro Shops, Nordstrom Rack, and Regal Cinemas. According to a South Carolina Courts document dated Sep 16 2022, Shops at Westcott obtained a judgement against Sake House after a bench trial over unpaid rent, late fees and attorneys' fees and costs.
Woodruff Road was the subject of a late-summer 2017 online survey and a public meeting on November 9. The corridor has also figured in local planning discussions.
Despite the vacancy left behind, the retail corridor remains in demand. Bakery chain Paris Baguette was planning to open a new location at Magnolia Park and had secured the spot, though no opening date had been set, a move Hoodline detailed in its earlier report on the Woodruff Road bakery lease. Whether Revolucion Holding LLC will settle the outstanding rent debt, or whether the company faces broader restructuring across its remaining Midwest locations, remains unclear.
