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1360 Whittaker Pky 8,481 SF Retail Building Orangeburg, SC 29115 $1,331,612 ($157.01/SF) 7.75% Cap Rate
Investment Highlights
- The 4th largest Collision Center operator in the country, with a focus on consolidating and leading fragmented markets in the Southeast.
- NN lease structure makes this a truly passive investment.
- Offers excellent signage and visibility along US-21 seeing ±17,200 VPD. The property sits on ±3.8 acres providing ample space for overflowing vehicles
- Provides full ownership of the land and building, offering maximum control, long-term stability, and depreciation benefits.
- Offered at an attractive 7.75% cap rate, with 7.5% rent increases every 5 years, delivering a natural hedge against inflation.
- Classic Collision dominates the local trade area with few competitors with the capability to meet insurer demands.
Executive Summary
Kyle Matthews
License # 105710, 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # 105710, 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,481 SF
Building Class
B
Year Built
1992
Price
$1,331,612
Price Per SF
$157.01
Cap Rate
7.75%
NOI
$103,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.79 AC
Zoning
C
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0182-17-03-010.000 | Improvements Assessment | $21,667 |
| Land Assessment | $11,683 | Total Assessment | $33,350 |
Property Taxes
Parcel Number
0182-17-03-010.000
Land Assessment
$11,683
Improvements Assessment
$21,667
Total Assessment
$33,350
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1360 Whittaker Pky
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