This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

915 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

SHELL C-STORE & GAS | 17+ YEAR ABSOLUTE NET 538 St Andrews Rd

3,233 SF Retail Building Columbia, SC 29210 $1,780,000 ($551/SF) 6.75% Cap Rate

Retail Space South Carolina Columbia 538 St Andrews Rd, Columbia, SC 29210

Investment Highlights

  • 17+ Year Absolute Net Lease Featuring Favorable 1.5% Annual Rental Increases throughout the Initial Term and Options.
  • Densely Populated Area: Features more than 118k People Residing within a 5-Mile Radius. Columbia is the 10th fastest Growing City in the Nation.
  • Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
  • Highly Experienced Operator with 42 units will do Business as Pops Mart Fuels LLC. The Company is committed to grow the Chain into a Regional Company.
  • Substantially Below Replacement Cost. Recession and Internet Resistant Resistant Retailer with Attractive Industry Dynamics.
  • Signalized Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Combined Traffic Counts Exceeding 24k Vehicles.

Executive Summary

Shell Fuel Station & C-Store | 17+ Year Absolute Net Lease | Qualifies for Accelerated Depreciation | Signalized Hard Corner Location | Below Replacement Cost | Densely Populated Area | Recession Resistant Retailer w/ Attractive Industry Dynamics
South Carolina Broker of Record: Ben Yelm | 151 Meeting St., Ste. 450 Charleston, SC 29401 | P: (843) 952-2300 | Lic #: 86628 | Benjamin.Yelm@MarcusMillichap.com

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
3,233 SF
Building Class
B
Year Built
1997
Price
$1,780,000
Price Per SF
$551
Cap Rate
6.75%
NOI
$120,194
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.86 AC
Zoning
C2
Parking
20 Spaces (6.19 Spaces per 1,000 SF Leased)
Frontage
196 FT on Ashland Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Links

1 of 1

Nearby Major Retailers

Maurice's Barbeque
IGA
Waffle House
IHOP
Cracker Barrel Old Country Store
Rent-A-Center

PROPERTY TAXES

Parcel Number 003697-01-001 Improvements Assessment $40,512
Land Assessment $13,488 Total Assessment $54,000

PROPERTY TAXES

Parcel Number
003697-01-001
Land Assessment
$13,488
Improvements Assessment
$40,512
Total Assessment
$54,000
(858) 373-3184

Contacts

  • Listing ID: 34162453

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 538 St Andrews Rd, Columbia, SC 29210

More public record information on 538 St Andrews Rd, Columbia, SC 29210

The Retail Property at 538 St Andrews Rd, Columbia, SC 29210 is currently available for sale. Contact The Mansour Group of Marcus & Millichap for more information.

Nearby Listings

1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/8
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 1 of 8
Building Photo
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 2 of 8
Building Photo
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 3 of 8
Building Photo
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 4 of 8
Building Photo
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 5 of 8
Building Photo
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 6 of 8
Building Photo
538 St Andrews Rd, Columbia, SC for sale Building Photo- Image 7 of 8
Building Photo

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

SHELL C-STORE & GAS | 17+ YEAR ABSOLUTE NET | 538 St Andrews Rd
(858) 373-3184 x

SHELL C-STORE & GAS | 17+ YEAR ABSOLUTE NET | 538 St Andrews Rd

1/2

Alvin Mansour

(858) 373-3184

(858) 373-3184

David Kern

(858) 373-3185

(858) 373-3185

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link