127 Magnolia Village Pkwy - Auto Repair FOR SALE


Orangeburg, SC 29118
$2,920,354 USD
914-403-7574
127 Magnolia Village Pkwy, Orangeburg, SC for Sale
$2,920,354 USD
Auto Repair - FOR SALE
1/3
null | 5.65% Cap Rate

127 Magnolia Village Pkwy
Orangeburg, SC 29118


HIGHLIGHTS

  • Excellent Corporate Guarantee from Leading Tire Retailer
  • Directly Across from Lowe’s | Next to Walmart Supercenter
  • Excellent Frontage on North Road
  • Absolute NNN 20-Year Corporate Sale-Leaseback

OVERVIEW

Surmount is pleased to present the exclusive listing for a Mavis Tires & Brakes located at 127 Magnolia Village Parkway, Orangeburg, SC 29116. The site consists of roughly 6,979 rentable square feet of building space on an estimated 1.96-acre parcel of land. Mavis Tires & Brakes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $165,000 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,920,354 USD

PRICE/SF

$418 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tires & Brakes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

0151-00-00-006,0151-10-03-008.000

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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