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4391 Highway 24 4,042 SF 4-Star Retail Building Anderson, SC 29626 $2,615,000 ($646.96/SF) 6.49% Cap Rate
EXECUTIVE SUMMARY
Located in the Greenville MSA, Jiffy Lube is strategically located off the signalized, hard corner intersection of State Highway 24 and State Highway 187. The immediate trade area is supported by surrounding retailers such as Walgreens, Food Lion, Ingles Markets, Burger King, and more. Absolute NNN with no landlord responsibilities, NOI: $169,755, Cap rate: 6.5% and lease expiration 3/31/39.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,042 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
$2,615,000
Price Per SF
$646.96
Cap Rate
6.49%
NOI
$169,755
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.83 AC
Zoning
C - Commercial
Parking
22 Spaces (5.44 Spaces per 1,000 SF Leased)
Frontage
115’ on South Carolina 24
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 069-00-02-004 | Improvements Assessment | $138,000 |
| Land Assessment | $18,000 | Total Assessment | $156,000 |
PROPERTY TAXES
Parcel Number
069-00-02-004
Land Assessment
$18,000
Improvements Assessment
$138,000
Total Assessment
$156,000
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4391 Highway 24
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