For Sale
$2,762,290

0 Main St & Academy StWilliamston, SC 29697

High-Yield Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional retail investment opportunity presents a single-tenant, absolute NNN leased Bojangles property located in Williamston, South Carolina. Situated at the prominent intersection of W Main St & Academy St, in Anderson County, zip code 29697 (34.6154596, -82.4865728), this property boasts a substantial 2,695 square feet of retail space. The property features ample parking with 37 spaces, catering to the convenience of both employees and customers. The current lease agreement is a long-term, 16-year absolute NNN lease, commencing May 31, 2023, and expiring April 30, 2039, providing significant lease stability and predictable cash flow. The property is zoned for Residential Commercial use, reflecting its strategic location and versatile potential. With a Net Operating Income (NOI) of $161,595 and an attractive 5.85% capitalization rate, this offering presents a compelling investment opportunity with a strong return on investment. The asking price for this well-positioned retail asset is $2,762,290. This is a turnkey investment, ideal for those seeking a stable, high-yield addition to their portfolio. The property's prime location and long-term lease ensure a secure and profitable investment for years to come.

Highlights

  • Bojangles single-tenant, absolute NNN leased property in Williamston, SC.
  • 2,695 SF retail building on a prominent intersection (W Main St & Academy St).
  • Ample parking (37 spaces).
  • 16-year absolute NNN lease (5/31/2023 - 4/30/2039).
  • $2,762,290 asking price, $161,595 NOI, 5.85% cap rate.

Property Details for 0 Main St & Academy St

Property type
Lifestyle centers, Power centers
Square Feet
2,695 SF

Location Insight

City
Williamston
County
Anderson
State
South Carolina
Latitude
34.6154596
Longitude
-82.4865728
Main St & Academy St, Williamston, South Carolina

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0 Main St & Academy St
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