Advance Auto Parts 310 Lowther St 6,689 SF Retail Building Pendleton, SC 29670 $3,550,000 ($530.72/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 2024 brand new construction | Fresh 15-year lease term
- Outparcel to brand new self-storage facility currently under construction | Iron Harbor Storage | 5 locations across South Carolina
- Less than 15 minutes from Lake Hartwell | 56,000 acres | $200M economic impact | 2M annual visitors
- Corporate lease | Advance Stores Company, Inc. | 4,781 locations across the U.S. & Canada
- Strong population growth within a 1 mile-radius | 22.60% from 2010- 2024
- 10 minutes from Clemson University | 28,747 student
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Advance Auto Parts in Pendleton, SC. We welcome your review of this attractive investment.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,689 SF
Year Built
2024
Price
$3,550,000
Price Per SF
$530.72
Cap Rate
6.25%
NOI
$221,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.00 AC
Parking
28 Spaces (4.19 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advance Auto Parts
- Retailer
- 6,689 SF
- -
- Double Net
- Nov 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advance Auto Parts | Retailer | 6,689 SF | - | Double Net | Nov 2039 |
