5363 Augusta Rd | Lexington, SC 29072
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- LoopNet Team
5363 Augusta Rd
Lexington, SC 29072
Carvana · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Explore 5363 Augusta Rd, a 9,175 sq ft retail project in Lexington, SC, perfect for savvy investors.
- Built in 2020, renovated in 2022 with cutting-edge construction, ensuring modern facilities.
- Positioned for long-term growth with rental increases every 5 years, serving as a hedge against inflation.
- Single tenant under an absolute NNN lease, making it a valuable addition to any investment portfolio.
- With over 10 years remaining on the lease, tenants benefit from stability and commitment.
- With a Net Operating Income (NOI) of $216,000 & a 7.14% Cap rate, this property offers an attractive proposition for retail or auto dealership venture
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
9,147 SF
Building Class
C
Year Built/Renovated
2020/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
12.05 AC
Zoning
ID - Intensive Development
Parking
1,000 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
558’ on Augusta Rd
AMENITIES
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Security System
- Storage Space
PROPERTY TAXES
| Parcel Number | 005497-02-002 | Improvements Assessment | $17,552 |
| Land Assessment | $87,755 | Total Assessment | $105,307 |
PROPERTY TAXES
Parcel Number
005497-02-002
Land Assessment
$87,755
Improvements Assessment
$17,552
Total Assessment
$105,307
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