1371 Sumter hwy - Service Station FOR SALE


Bishopville, SC 29010
$8,047,619 USD
704-697-1900
1371 Sumter hwy, Bishopville, SC for Sale
$8,047,619 USD
Service Station - FOR SALE
1/5
null | 5.25% Cap Rate

1371 Sumter hwy
Bishopville, SC 29010


HIGHLIGHTS

  • NNN Lease w. Bonus Depreciation Potential with Building Ownership
  • Proven Demand off I-20
  • Oversized Parcel

OVERVIEW

NNN Lease w. Bonus Depreciation Potential with Building Ownership - 18 Year Lease with 10% bumps every 6 years and in extension periods - NNN lease providing zero landlord responsibilities - Passive investment Centrally Located Between High Growth SC MSAs - Located in the middle of three high growth MSAs - Columbia, SC the states capital has a steady annual growth rate of 1.5% - Florence, SC grew 13% from 2010-2020 - Sumter, SC has sustained a 75% population growth since 1960 Corporate Backed Investment Grade Tenant - 7-Eleven’s parent company, SevenEleven Japan Co, LTD has a market cap of $37.18B (Ticker: SVNDY) - There are over 83,000 locations across the world Oversized Parcel - Large parcel with almost eight acres - Opportunity for larger redevelopment - Overflow parking ability for the truck stop New Construction Diesel Station - Newly constructed building with warranties in place for the roof and mechanical systems - 7-11 Diesel station format adding to their network of 7FLEET stations Proven Demand off I-20 - Across the Street from a top performing Pilot Travel Center (top 92th percentile - 877K visits annually -Placer.ai) - Located directly off of I-20 over 30k VPD - Provides a diesel stop along the main logistics corridor in South Carolina

FOR SALE DETAILS

PRICE

$8,047,619 USD

PRICE/SF

$1,731 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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