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1312 Springsteen Rd 1312 Springsteen Rd 4,260 SF Retail Building Rock Hill, SC 29730 $5,037,000 ($1,182.39/SF) 5.50% Cap Rate
Investment Highlights
- Top 1% of 7-Eleven stores nationwide for foot traffic, per Alpha Maps data.
- NNN Lease offering a passive and secure investment.
- 7.5% rental increases every 5 years and at each option period.
- Modern 2021 construction with single-row canopy and 8 MPDs (16 pumps) on ±2.44 acres.
- ±10 Years Remaining on the Base Term with Four, 5-Year Options to extend.
- Located on a hard signalized corner on Hwy 159 & US-21 with strong visibility.
Executive Summary
Broker Of Record
Kyle Matthews
Matthews Real Estate Investment Services, Inc
105710, 22684 (SC)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Kyle Matthews
Matthews Real Estate Investment Services, Inc
105710, 22684 (SC)
1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
4,260 SF
Building Class
B
Year Built
2021
Price
$5,037,000
Price Per SF
$1,182.39
Cap Rate
5.50%
NOI
$277,054
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.44 AC
Zoning
LC - Limited Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6280501010 | Improvements Assessment | $119,460 |
| Land Assessment | $65,880 | Total Assessment | $185,340 |
Property Taxes
Parcel Number
6280501010
Land Assessment
$65,880
Improvements Assessment
$119,460
Total Assessment
$185,340
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1312 Springsteen Rd | 1312 Springsteen Rd
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