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76 Net Lease Gas Station - Winnsboro, SC 238 S Congress St

522 SF Retail Building Winnsboro, SC 29180 $402,735 ($772/SF) 7.75% Cap Rate

Investment Highlights

  • Corporate Guaranteed Absolute Triple Net (NNN) Investment With Approximately 18-Years Remaining on the Lease
  • Strategically Located on a Hard Corner Where E Moultrie and S Congress Street Meet in Downtown Winnsboro
  • The Tenant is Currently Partnered With 76, Valero, Exxon, Mobil, Travel Centers of America, TA Express, VP Racing and Marathon
  • This Location is in the Center of Winnsboro; Surrounded By Strong National Tenants Such as Burger King, KFC, Mcdonald's Etc.
  • Brand Strength and Upgrades; Subject Property Was Recently Renovated With New Gas Pumps, Canopy and Signage
  • Gas Stations Offer Increased Depreciation Expenses - Consult Your CPA

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 522 SF 76 Net Lease Gas Station Located at 238 South Congress Street in Winnsboro, SC. Gas Stations Offer Increased Depreciation Expenses and the Subject Property Was Recently Renovated With New Gas Pumps, Canopy and Signage to Reflect a Modern 76, Providing For a Secure Investment.

In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
522 SF
Year Built
2000
Price
$402,735
Price Per SF
$772
Cap Rate
7.75%
NOI
$31,212
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Corporate
  • Retailer
  • 522 SF
  • $59.79
  • Aug 2042
Tenant Industry SF OCCUPIED RENT/SF Lease End
Corporate Retailer 522 SF $59.79 Aug 2042

Nearby Major Retailers

First Citizens Bank
IGA
Food Lion

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1260147009000
Land Assessment
$1,200
Improvements Assessment
$5,568
Total Assessment
$6,768
  • Listing ID: 33684479

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 238 S Congress St, Winnsboro, SC 29180

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