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445 Herlong ave
Rock Hill, SC 29732
Land with Commercial Building · Land For Sale
·
0.67 AC
Executive Summary
Asking $660,000 for true 6.75% Cap, 100% NNN leased carwash/oil change leased by COSTA Oil with approximately 13.5 years remaining. NO owner responsibilities. Approximately 0.7 acre site located on high traffic count road surrounded by retail and medical office with close proximity to regional hospital. Very strong demographics for 1 and 3 mile. Corporate ran location with personal guarantees from franchisee. 2.5% bumps per year for every year of the lease. Potential for early termination with significant buy out/breakage fee. 3 years paid if broken in years 0-5, 2 years for 6-10, 1 year if in 11-15.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.67 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | C - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.67 AC |
| No. Stories | 1 |
| Zoning | C - Commercial |
1 Lot Available
Lot
| Price | $660,000 | Lot Size | 0.67 AC |
| Price Per AC | $985,074.63 |
| Price | $660,000 |
| Price Per AC | $985,074.63 |
| Lot Size | 0.67 AC |
Property Taxes
| Parcel Number | 5930801116 | Improvements Assessment | $6,455 |
| Land Assessment | $7,209 | Total Assessment | $13,664 |
Property Taxes
Parcel Number
5930801116
Land Assessment
$7,209
Improvements Assessment
$6,455
Total Assessment
$13,664
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