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400 N Main St 7,000 SF Retail Building Hemingway, SC 29554 $1,210,000 ($172.86/SF) 6.65% Cap Rate
Investment Highlights
- Advance Auto store with long term commitment to the area
- Rent increases 10% every 5 years in Option Periods
- 8,300 VPD on N. Main Street
- Strong growth county in South Carolina
- Corporate Guaranty by Advance Stores Company, Inc.
Executive Summary
NN Investment Advance Auto Parts Store
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2006
Price
$1,210,000
Price Per SF
$172.86
Cap Rate
6.65%
NOI
$80,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.20 AC
Zoning
commercial
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 08-015-115 | Improvements Assessment | $21,790 |
| Land Assessment | $1,060 | Total Assessment | $22,850 |
Property Taxes
Parcel Number
08-015-115
Land Assessment
$1,060
Improvements Assessment
$21,790
Total Assessment
$22,850
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400 N Main St
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