2688 Cherry Rd Rock Hill, SC 29730

This exceptional investment opportunity presents a 2,478-square-foot Valvoline auto shop and convenience store located at 2688 Cherry Road, Rock Hill, South Carolina, 29730. The property, built in 1989 and extensively renovated in 2023, sits on a 0.52-acre lot and boasts a 100% occupancy rate with a corporate-guaranteed, triple-net (NNN) lease. The current lease features a 10% rent increase every five years and a 10% increase during each option period, providing significant long-term growth potential. With approximately 14 years remaining on the lease, this investment offers exceptional stability and predictable cash flow. The property generates a net operating income (NOI) of $96,000, representing a 6.00% cap rate on the $1,600,000 asking price. The strategic location on Cherry Road, a high-traffic artery with over 74,500 vehicles daily, and its proximity to Interstate 77, provides excellent visibility and accessibility. The area is further enhanced by nearby amenities including the Riverwalk mixed-use development, an Xpress Stop, and a variety of national retailers such as The Home Depot, Circle K, 7-Eleven, Lidl, and many popular restaurants. Rock Hill offers a desirable suburban lifestyle within easy commuting distance of Charlotte, North Carolina. The tenant, Quality Auto, is the third-largest Valvoline franchisee, operating over 110 locations, ensuring financial strength and operational expertise. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with a strong tenant and significant upside potential.