1321 Wilson Rd - Service Station FOR SALE


Newberry, SC 29108
$811,871 USD
786-522-7013
1321 Wilson Rd, Newberry, SC for Sale
$811,871 USD
Service Station - FOR SALE
1/5
null | 7% Cap Rate

1321 Wilson Rd
Newberry, SC 29108


HIGHLIGHTS

  • 2,604 Square Foot Marathon Gas Station Located in Newberry, South Carolina (Population 10,585) Conveniently Located at The Corner of highway 76 and 34
  • Major Employers in Newberry Include Kraft Heinz Foods, Newberry County School District, Georgia Pacific and Newberry County Memorial Hospital
  • Nearby Tenants Include McDonalds, Starbucks, Dunkin Donuts, Hardees, CVS, Popeye’s and Pizza Hut

OVERVIEW

Marcus & Millichap is pleased to present for sale this 2,604 square foot Marathon Gas Station located at 1321 Wilson Rd. in Newberry, South Carolina. The property has an Absolute Triple Net Lease with no Landlord responsibilities and 18 years remaining on the lease. Newberry is a city in Newberry County, South Carolina in the central piedmont area of South Carolina with a population over 10,585. This property is conveniently located at the corner of Highway 76 and 34. The City of Newberry has a thriving local economy with manufacturing, agriculture, timber products, textiles and food processing. Major employers in Newberry include Kraft Heinz Foods, Newberry County School District, Newberry County Memorial Hospital and Georgia Pacific. Numerous apartment complexes surround this Marathon Gas Station including Regency Woods Apartments with 40 Rented Units, Indian Land Apartments with 53 Rented Units, Brookside Manor with 42 Rented Units, Newberry Senior Housing and Oakland Mill Apartments. Also nearby this Marathon Property is Piedmont Technical College with 5,315 enrolled students and Newberry College with 1,237 enrolled students. Nearby tenants include McDonald’s, Starbucks, Dunkin Donuts, Hardees, CVS, Popeye’s and Pizza Hut. Marathon Petroleum Company was founded in 1887 when small oil companies banded together to form The Ohio Oil Company which evolved into Marathon Petroleum. Today Marathon is a publicly traded company with 6,900 independently owned retail outlets and 1,100 direct dealer locations and the company is headquartered in Findlay, Ohio.

FOR SALE DETAILS

PRICE

$811,871 USD

PRICE/SF

$312 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marathon Net Leased Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

GC

APN/PARCEL ID

342-2-7-23

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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