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- LoopNet Team
604 Church St
Conway, SC 29526
Eastern SC C-Store/Gas Station Portfolio Sale · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
ABOUT 604 CHURCH ST , CONWAY, SC 29526
SVN-BlackStream is pleased to offer a portfolio of 5 gas stations in the eastern portion of SC, including Myrtle Beach. 4 out of the 5 stations are under NNN leases totaling a 15 year term for each tenant with built in extensions. These terms are broken up into 5 (3) year extensions per location. Average CAP rate for the 4 incoming producing stores is 6.8%. The 5th location in Conway is currently vacant. Renovations are scheduled, buyer will have option to purchase as is (limited time) or with price increase after renovations are started. Renovations are estimated at $300,000 as of current. --------------------------------------------- Asking / CAP (+/-) Myrtle Beach: $725,000 / 7.0% Conway (1): $675,000 / 5.9% Conway (2): $425,000 / N/a (Vacant) Bennettsville: $675,000 / 6.5% Chesterfield: $589,000 / 7.7% Total: $3,089,000 / 6.8% CAP (5.84% w/Vacant Store) --------------------------------------------- Owner Financing Details: *Seller willing to entertain owner financing with 25% down on a 5 year balloon note amortized over 15 years* --------------------------------------------- **NDA/CA Required for Further Information. Please inquire via email and one will be sent back for signature.**
PROPERTY TAXES
| Parcel Number | 36803010067 | Improvements Assessment | $12,911 |
| Land Assessment | $21,932 | Total Assessment | $34,843 |
PROPERTY TAXES
