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.
Property Details
Price:
$4,066,057
MLS #:
20274575
Status:
Active
Baths:
0
Address:
2814 N Main Street
Type:
Commercial
Subtype:
Retail Building
Neighborhood:
105andersoncountysc
City:
Anderson
Listed Date:
Apr 22, 2024
State:
SC
ZIP:
29621
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Listing courtesy of John Wright Jr. @ McCoy Wright, Inc (24029).
Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Western Upstate MLS. Detailed information about real estate listings held by brokerage firms other than All Star Company, Inc include the name of the listing broker. Neither the listing company nor All Star Company, Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Western Upstate SC. All rights reserved.
2814 N Main Street
Anderson, SC
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