21420 Hwy 221 - Convenience Store FOR SALE


Laurens, SC 29360
$6,851,000 USD
214-675-0175
21420 Hwy 221, Laurens, SC for Sale
$6,851,000 USD
Convenience Store - FOR SALE
1/4
null | 5.1% Cap Rate

21420 Hwy 221
Laurens, SC 29360


HIGHLIGHTS

  • 2020 Construction. 4,079+/- SF Building on 12.30+/- Acre Site
  • Attractive Tax Advantages via reinstated Bonus Depreciation
  • High Speed Diesel Facility with 7 Diesel Lanes and 16 Regular Pump Handles
  • High Traffic Interstate Location – Laurens, SC sits along I-385 between Greenville, SC and Columbia, SC
  • 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
  • Laurens | Regional Hub for Commerce, Culture, and Community Gatherings | Population: 9,373+

OVERVIEW

10 Years Remaining on Abs. NNN Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and (4) 5-Year Options

FOR SALE DETAILS

PRICE

$6,851,000 USD

PRICE/SF

$1,680 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.3 AC

LAND SF

535,788 SF

ZONING

F1

APN/PARCEL ID

906-24-01-020

ASK ABOUT THIS PROPERTY

Matthew ScowSecure Net LeaseMore Info
214-675-0175

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Matthew ScowSecure Net LeaseMore Info
214-675-0175

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