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107 E Orr St - 107 E Orr St. 7,584 SF Specialty Building Offered at $930,000 at a 6.08% Cap Rate in Anderson, SC 29621
Executive Summary
Investment Opportunity in the Heart of Downtown Anderson – 107 E Orr St.
Available for Sale ($930,000.00)
Don’t miss this exceptional opportunity to own a prime Investment Property in the center of the rapidly growing downtown Anderson. This 7,584 SF building is fully leased by two established and thriving tenants, making it an ideal long-term investment for any Investor.
The property is Anchored by The Junkyard, a popular HIIT studio with three successful locations across the Upstate. They occupy 5,056 SF and continue to show strong performance. The Second Tenant, ABC Banners and Signs, is a well-established business occupying the remaining 2,528 SF.
Both tenants are secured by long-term leases, providing consistent income and peace of mind. Positioned in a high-visibility location within a walkable, vibrant downtown district, this property is perfectly situated to benefit from Anderson’s ongoing growth and revitalization.
Come be a part of downtown Anderson’s Exciting Future with this Turn-Key Investment property at 107 E Orr Street. Contact Listing Broker for Details.
The Junkyard Lease:
May 1, 2025 - April 30, 2030 (5-Year Option)
Annual Rent - $50,160.00
ABC Banners and Signs Lease:
January 1, 2024 - December 31, 2027
Annual Rent - $15,912.00 (2% Annual Increases)
Net Operating Income = $56,580.00.
Available for Sale ($930,000.00)
Don’t miss this exceptional opportunity to own a prime Investment Property in the center of the rapidly growing downtown Anderson. This 7,584 SF building is fully leased by two established and thriving tenants, making it an ideal long-term investment for any Investor.
The property is Anchored by The Junkyard, a popular HIIT studio with three successful locations across the Upstate. They occupy 5,056 SF and continue to show strong performance. The Second Tenant, ABC Banners and Signs, is a well-established business occupying the remaining 2,528 SF.
Both tenants are secured by long-term leases, providing consistent income and peace of mind. Positioned in a high-visibility location within a walkable, vibrant downtown district, this property is perfectly situated to benefit from Anderson’s ongoing growth and revitalization.
Come be a part of downtown Anderson’s Exciting Future with this Turn-Key Investment property at 107 E Orr Street. Contact Listing Broker for Details.
The Junkyard Lease:
May 1, 2025 - April 30, 2030 (5-Year Option)
Annual Rent - $50,160.00
ABC Banners and Signs Lease:
January 1, 2024 - December 31, 2027
Annual Rent - $15,912.00 (2% Annual Increases)
Net Operating Income = $56,580.00.
Property Facts
| Price | $930,000 | Lot Size | 0.19 AC |
| Price Per SF | $122.63 | Building Size | 7,584 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.08% | Year Built | 1980 |
| Property Type | Specialty | Opportunity Zone |
Yes
|
| Price | $930,000 |
| Price Per SF | $122.63 |
| Sale Type | Investment |
| Cap Rate | 6.08% |
| Property Type | Specialty |
| Lot Size | 0.19 AC |
| Building Size | 7,584 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
1 1
Property Taxes
| Parcel Number | 123-29-19-011 | Improvements Assessment | $11,060 |
| Land Assessment | $2,980 | Total Assessment | $14,040 |
Property Taxes
Parcel Number
123-29-19-011
Land Assessment
$2,980
Improvements Assessment
$11,060
Total Assessment
$14,040
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