3467 Five Chop RdOrangeburg, SC 29115
- Retail properties
- 4,050 SF
Property Details for 3467 Five Chop Rd
- Year built
- 2023
- Lot size
- 5.00 AC
- Property size (Sq ft)
- 4,050 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
Exceptional investment opportunity: a 4,050 square foot 7-Eleven convenience store and gas station located at 3467 Five Chop Rd, Orangeburg, SC 29115. This 2023-built property sits on a 5-acre lot, boasting a strong 5.50% cap rate and a substantial net operating income (NOI) of $351,052. The property benefits from a 15-year net lease with a corporate guarantee from 7-Eleven, the world's largest chain store operator (S&P rated A), commencing May 1, 2023, and expiring May 1, 2038. The lease includes 8% rent bumps in options. The property is strategically located just off I-26 (approximately 56,000 vehicles per day) and Five Chop Road (approximately 10,000 vehicles per day), seven miles from South Carolina State University and Orangeburg Municipal Airport, serving a population of over 85,000 in Orangeburg County. This is a ground lease with a remaining term of 13.6 years, expiring May 1, 2038. The asking price is $6,382,764, translating to $1,575.99 per square foot. The property is currently 100% occupied. This turnkey investment offers exceptional stability and significant long-term growth potential in a thriving market near Columbia, Charleston, and Augusta.
Location Insight
- City
- Orangeburg
- County
- Orangeburg
- State
- South Carolina
- Latitude
- 33.4599
- Longitude
- -80.723
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- 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].