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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
- Strong population growth within a 1 mile-radius | 22.60% from 2010- 2024
- Large industrial presence nearby bringing in a large amount of daytime workers to the area | 1.4M SF of space within a 2-mile radius
- Corporate lease | Advance Stores Company, Inc. | 4,781 locations across the U.S. & Canada
- Less than 15 minutes from Lake Hartwell | 56,000 acres | $200M economic impact | 2M annual visitors
- 10 minutes from Clemson University | 28,747 students
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.
DATA ROOM Click Here to Access
- Offering Memorandum
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
$221,844
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.00 AC
Zoning
Commercial
Parking
28 Spaces (4.19 Spaces per 1,000 SF Leased)
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Advance Auto Parts | 310 Lowther St
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