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Grease Monkey - Pendleton, SC 921 Pioneer Rd 2,304 SF Retail Building Pendleton, SC 29670 $1,317,943 ($572.02/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 14 years remaining on an Absolute Triple Net (NNN) lease, providing zero landlord responsibilities.
- Population exceeds 102,000 residents within a 10-mile radius.
- This location was awarded the 2nd highest sales for Grease Monkey franchise stores throughout the Southeast region.
- Backed by a single-unit franchisee paired with a personal guaranty.
- Just miles from campus, benefiting from steady demand and student/faculty traffic, allowing for high traffic counts of over 19,000 vehicles per day.
- Located in a rapidly evolving region featuring new residential, retail, and commercial developments and increasing customer traffic.
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 2,304 SF Grease Monkey located at 921 Pioneer Road in Pendleton, SC. This offering features a long-term lease with 14 years remaining on an Absolute Triple Net (NNN) lease, ensuring zero landlord responsibilities. The property is situated in a dense and growing trade area, with a population exceeding 102,000 residents within a 10-mile radius.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,304 SF
Building Class
B
Year Built
2022
Price
$1,317,943
Price Per SF
$572.02
Cap Rate
7%
NOI
$92,256
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.51 AC
Zoning
C - Commercial
Parking
25 Spaces (10.85 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Grease Monkey
- Retailer
- 2,304 SF
- $40.04
- Sep 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Grease Monkey | Retailer | 2,304 SF | $40.04 | Sep 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 040-13-02-013 | Improvements Assessment | $6,100 |
| Land Assessment | $10,040 | Total Assessment | $16,140 |
PROPERTY TAXES
Parcel Number
040-13-02-013
Land Assessment
$10,040
Improvements Assessment
$6,100
Total Assessment
$16,140
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Grease Monkey - Pendleton, SC | 921 Pioneer Rd
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