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$ 4,066,057
Est. payment | /mo
$ 4,066,057
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20274575
HOA Y/N No
Property Description
This is a great opportunity for an investor looking for a credit tenant on A+ real estate in a growing market! This store has been open for almost 25 years and historical sales data speaks to the strength of the location. The property has very minimal Landlord responsibilities and even less given the fact that a new roof was put on in 2017. Asking Price is based on a 5.25% cap rate.
It sits on 1.16 AC at the “Main and Main” interchange in Anderson, SC, a growth market located on the I-85 corridor in upstate South Carolina. This property is the fourth corner to an all star lineup of QuikTrip, Walgreens, and a soon to be opened Whataburger! CVS extended the lease for 15 years in 2019 and possesses four 5 year options after that with rent increases at each option period.
With 237’ of frontage on Main Street and 172’ of frontage on Concord Road, this is a prominent location with excellent visibility. Contact broker for additional information such as lease, historical sales, and drawings.
It sits on 1.16 AC at the “Main and Main” interchange in Anderson, SC, a growth market located on the I-85 corridor in upstate South Carolina. This property is the fourth corner to an all star lineup of QuikTrip, Walgreens, and a soon to be opened Whataburger! CVS extended the lease for 15 years in 2019 and possesses four 5 year options after that with rent increases at each option period.
With 237’ of frontage on Main Street and 172’ of frontage on Concord Road, this is a prominent location with excellent visibility. Contact broker for additional information such as lease, historical sales, and drawings.
Location
State SC
County Anderson
Area 105-Anderson County, Sc
Interior
Interior Features InteriorFeatures
Fireplace No
Building
Lot Description City Lot
Others
Tax ID 1221204011
Listed by McCoy Wright, Inc (24029)