This exceptional investment opportunity presents a 5,500 square foot convenience store and gas station in Pelzer, South Carolina, operating under a 20-year absolute NNN lease with Roots Oil, commencing August 1, 2022, and expiring July 31, 2042. The property boasts a 7.50% cap rate and a strong net operating income (NOI) of $175,000. Situated on a 1.243-acre lot at 9495 Augusta Road, 29669, this strategically located property benefits from high visibility at a four-way signalized intersection of US Route 25 and State Highway 418, boasting a combined 23,300 AADT. The property underwent a complete renovation in 2022, including a new fuel canopy, four MPDs, and updated signage. The lease includes rent bumps and four five-year renewal options, showcasing the tenant's commitment and success. This property is ideal for passive investors seeking a low-management, high-yield investment. The location is supported by a population of 356,782 within a 15-mile radius, representing a 25% increase since 2010, and benefits from an average annual household income of $99,070 within the same radius, projected to increase by 13% in the next four years. The property's location serves as a gateway to Greenville, South Carolina, a major city with a population of 72,095 and home to numerous large employers and educational institutions. This offering qualifies for accelerated and bonus depreciation. The tenant, Roots Oil Company, operates over 57 locations across 11 states and is experiencing significant expansion.
Highlights
5,500 SF convenience store and gas station on a 1.24-acre lot in Pelzer, SC.
20-year absolute NNN lease with Roots Oil, commencing August 1, 2022, with four 5-year renewal options and rent bumps.
7.50% cap rate and $175,000 NOI.
High-visibility location at a signalized intersection (US Route 25 & State Highway 418) with 23,300 AADT.
Completely renovated in 2022, including new fuel canopy, four MPDs, and updated signage.
Strong demographics: 356,782 population within 15 miles (25% increase since 2010), $99,070 average annual household income (projected 13% increase in four years).
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Vincent Aicale
Michael Yuras
Ryan Forsyth
Scott Crowle
Jack Hinson
Visit Broker Website
Learn more
Useful Information
Request information
9495 Augusta Rd, Pelzer, South Carolina, 29669
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
9495 Augusta Rd
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.