538 St Andrews Rd - Service Station FOR SALE
Columbia, SC 29210 |
$1,780,000 USD
858-373-3184
538 St Andrews Rd
Columbia, SC 29210
HIGHLIGHTS
- 17+ Year Absolute Net Lease Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
- Highly Experienced Operator with 42 units will do Business as Pops Mart Fuels LLC. The Company is committed to grow the Chain into a Regional Company.
- Densely Populated Area: Features more than 118k People Residing within a 5-Mile Radius. Columbia is the 10th fastest Growing City in the Nation.
- Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
- Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 24k Vehicles.
OVERVIEW
Shell Fuel Station & C-Store | 17+ Year Absolute Net Lease | Qualifies for Accelerated Depreciation | Signalized Hard Corner Location | Below Replacement Cost | Densely Populated Area | Recession Resistant Retailer w/ Attractive Industry Dynamics
South Carolina Broker of Record: Ben Yelm | 151 Meeting St., Ste. 450 Charleston, SC 29401 | P: (843) 952-2300 | Lic #: 86628 | Benjamin.Yelm@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,780,000 USD
PRICE/SF
$551 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SHELL C-STORE & GAS | 17+ YEAR ABSOLUTE NET
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Service Station
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.86 AC
LAND SF
37,462 SF
ZONING
C2
APN/PARCEL ID
003697-01-001
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
858-373-3184
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
