For Sale
$8,620,000

258 Plemmons Rd Duncan, SC 29334

High-traffic location, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 6,792 square foot 7-Eleven C-Store, Fuel Center, and Truck Station located at 258 Plemmons Rd, Duncan, SC 29334. The property sits on a 4.701-acre lot with 79 parking spaces and boasts a prime location along the I-85 corridor at a high-profile, signalized intersection. Built in 2022, this property features a 15-year NNN lease with 100% occupancy, commencing July 31, 2022, and including four to five lease options. The lease agreement includes 8% rent bumps every five years. The property is zoned GC (General Commercial) and benefits from exceptional visibility and convenient access, with traffic counts exceeding 22,000 AADT on Hwy 101 and 105,000 AADT on I-85. Its proximity to BMW's North American headquarters and Greenville-Spartanburg International Airport further enhances its desirability. The surrounding area demonstrates strong population growth and high average household incomes, making this a compelling investment with a 5.15% cap rate and an asking price of $8,620,000. This is a rare opportunity to acquire a high-performing asset in a rapidly growing market.

Property Details for 258 Plemmons Rd

Property type
Retail properties, Gas stations
Square Feet
6,792 SF
Year Built
2022
Lot Size (sq. ft)
204,776 SF

Location Insight

City
Duncan
County
Spartanburg
State
South Carolina
Latitude
34.8941082
Longitude
-82.1530269

FAQs

What type of property is this?
Retail property - High-traffic location, strong tenant.
Where is the retail property located?
The property is located at 258 Plemmons Rd Duncan, SC.
What is the asking price?
The asking price for this property is $8,620,000.
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.
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258 Plemmons Rd
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