$2,360,902 USD
407-913-9009
1432 Pearman Dairy Rd
Anderson, SC 29625
Downtown Anderson
HIGHLIGHTS
- Brand New Construction: Newly constructed building with drive-thru minimizes any future CAPX responsibilities.
- Community Growth: Projected population growth of 7% in Anderson, SC over the next five years.
- Rental Increase: Lease offers 10% rental increases every 5 years providing a strong hedge against inflation.
OVERVIEW
New 10 Year Lease: Starbucks signed a new 10-year lease and is rated BBB+ (S&P) providing long term security and cash flow.
Main Retail Corridor: The property is situated at the intersection of Whitehall and Pearman Dairy Road which provides high visibility and accessibility, coming from any direction. Other national retailers include Bank of America, Quik Trip, McDonalds, Dollar General, and Arby’s.
FOR SALE DETAILS
PRICE
$2,360,902 USD
PRICE/SF
$1,431 USD /SF
CAP RATE
6.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.81 AC
LAND SF
35,284 SF
ZONING
-
APN/PARCEL ID
095-14-02-006
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407-913-9009
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407-913-9009
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