110 Travis Avenue - Retail FOR SALE


Saluda, SC 29138
$1,489,440 USD
404-441-3849
110 Travis Avenue, Saluda, SC for Sale
$1,489,440 USD
Retail - FOR SALE
1/7
null | 6.25% Cap Rate

110 Travis Avenue
Saluda, SC 29138


HIGHLIGHTS

  • Net Lease with Renewal Options
  • 6% Rent Increase in November 2032 & in Each of the Four, 5-Year Renewal Options
  • Only O'Reilly Auto Parts Location for 16 Miles
  • Recent Construction | 2022
  • Nearly 2,500 Households within 5 Miles of the Site | Built-In Customer Base
  • Columbia, SC MSA (Population: 838,250)

OVERVIEW

The CBRE Net Lease Property Group is pleased to offer for sale the 7,000-square-foot O’Reilly Auto Parts situated on 1.68 acres in Saluda, South Carolina—part of the Columbia, South Carolina MSA (Population: 838,250). O’Reilly’s net lease features ±13.0 years of primary term remaining with a 6% rent increase in November 2032 and in each of the four 5-year renewal options. Completed in 2022, this O’Reilly location is the only store for 16 miles. The next closest location is in Leesville, South Carolina.

FOR SALE DETAILS

PRICE

$1,489,440 USD

PRICE/SF

$213 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O'Reilly Auto Parts: Saluda, SC

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.68 AC

LAND SF

73,181 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.