2790 North Rd - Car Washes FOR SALE


Orangeburg, SC 29118
$5,788,393 USD
516-316-0722
2790 North Rd, Orangeburg, SC for Sale
$5,788,393 USD
Car Washes - FOR SALE
1/5
null | 6.6% Cap Rate

2790 North Rd
Orangeburg, SC 29118


OVERVIEW

This newly constructed 2023 property offers a corporate-guaranteed absolute NNN lease with 16 years remaining, making it a recession-proof and internet-resistant investment. The lease includes 2% annual rent increases throughout the initial term and option periods. Located on North Road with excellent visibility and access, the site benefits from over 28,000 vehicles per day. Additionally, the guarantor operates 282 locations across 31 states, providing further stability. The property is situated in a densely populated area with over 24,000 people living within a 3-mile radius.

FOR SALE DETAILS

PRICE

$5,788,393 USD

PRICE/SF

$1,564 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

-

APN/PARCEL ID

0151-10-01-009.000

ASK ABOUT THIS PROPERTY

Raj WhadwaGlobal Realty Services USAMore Info
516-316-0722

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Raj WhadwaGlobal Realty Services USAMore Info
516-316-0722

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