1360 Whittaker Pky | Orangeburg, SC 29115
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1360 Whittaker Pky
Orangeburg, SC 29115
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Reputable tenant with 228 locations in 15 states.
- Growing Community Between Columbia and Charleston
- Limited Competition in Orangeburg
EXECUTIVE SUMMARY
Prime investment property now available for purchase at $1,380,000. Property is currently leased to Classic Collision on a 10-year lease with 7.5 years remaining. The lease rate is $8000/month or $96,000 annually with 7.5% rent escalations at year 5, 10, 15, 20. Lease includes three (3) 5-year renewal options. The property also has 2 billboards with leases generating approximately $2400/yr in additional income.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
8,481 SF
Building Class
B
Year Built
1992
Price
$1,380,000
Price Per SF
$162.72
Cap Rate
7.13%
NOI
$98,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.79 AC
Zoning
C - Commercial
Parking
28 Spaces (3.3 Spaces per 1,000 SF Leased)
Frontage
223’ on Joe S Jeffords Hwy
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 0182-17-03-010.000 | Improvements Assessment | $13,308 |
| Land Assessment | $20,080 | Total Assessment | $33,388 |
PROPERTY TAXES
Parcel Number
0182-17-03-010.000
Land Assessment
$20,080
Improvements Assessment
$13,308
Total Assessment
$33,388
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