| 628 Hwy 28 Bypass, Anderson, SC | |
| PRICE | $1,346,359 |
| CAP RATE | 5.15% |
| NOI | $69,337.50 |
| COMMENCEMENT | May 1, 2013 |
| LEASE EXPIRATION | April 29, 2033 |
| LEASE TERM | 20-Years |
| LEASE TYPE | Absolute NNN Ground Lease |
| RENTAL INCREASES | 7.5% every 5th Year |
| RENEWAL OPTIONS | (4) 5-Year Options |
| BUILDING SIZE | 1,200 SF |
| LOT SIZE | 1.2 Acres |
| YEAR BUILT | 2013 |
| TMS | 124-070-101-4 |
| MUNICIPALITY | City of Anderson |
| ZONING | GC (General Commercial) |
| GUARANTOR | Murphy Oil USA, Inc. Corporate |
Oswald Cooke & Associates is pleased to offer 628 Hwy 28 Bypass in Anderson, SC for sale to a qualified buyer. The 1.2 acre site is subject to a 20-Year absolute NNN ground lease to Murphy Oil USA, Inc. The lease is subject to (4) 5-Year renewal options with 7.5% bumps every 5th year. The site is located on Hwy 28 Bypass (23,200 VPD). Situated at the traffic lit intersection across the street from Walmart Super Center. Other nearby retailers include Aldi, Zaxby’s Bojangles, Taco Bell, KFC, Aaron’s, Dollar Tree, Great Clips and many others. Bypass 28 is a main corridor that connects West Anderson to Hwy 81. There are numerous schools in this corridor including West Side High School (1,600+ Students) and Anderson Campus of Tri-County Technical College. Anderson South Carolina is located off Interstate 85 and is exactly half way between Charlotte and Atlanta and is home to Anderson University (4,000+ students).
Anderson, SC