1385 E Highway 501 - Convenience Store FOR SALE


Conway, SC 29526
$7,164,000 USD
404-551-2068
1385 E Highway 501, Conway, SC for Sale
$7,164,000 USD
Convenience Store - FOR SALE
1/1
null | 6.75% Cap Rate

1385 E Highway 501
Conway, SC 29526


HIGHLIGHTS

  • High-Growth Market
  • Well Capitalized & Experienced Tenant
  • New State-of-the-Art Construction
  • Absolute NNN Lease
  • Strong Traffic and Visibility

OVERVIEW

The Net Lease Group is pleased to exclusively offer for sale the fee simple interest in a 4,829 SF, freestanding convenience store and fueling station (the “Property”) that is 100%, absolute triple net (NNN) leased to one of the fastest growing convenience store operators in the southeast, Refuel. The Property is located at 1385 US-501 in Conway, South Carolina, just a 30-minute drive from Myrtle Beach.

FOR SALE DETAILS

PRICE

$7,164,000 USD

PRICE/SF

$3,178 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C

APN/PARCEL ID

38204020003

ASK ABOUT THIS PROPERTY

Esmael HillThe Net Lease GroupMore Info
404-551-2068

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Esmael HillThe Net Lease GroupMore Info
404-551-2068

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