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    4391 Sc Hwy, Unit 24 Anderson, SC

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    For Sale
    $2,615,000

    New retail property built in 2024 with NNN lease.

    Property size:
    4,042 SF
    Lot size:
    0.83 Acres

    Property Features for 4391 Sc Hwy

    General Information

    Size
    4,042 SF
    Lot size
    0.83 Acres

    Source: Lee & Associates | Raleigh Agent Jake Plotkin, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Property For Sale

    This is a 4,042 square foot retail property built in 2024, situated on 0.826 acres. The property operates under an absolute NNN lease structure, meaning there are no landlord responsibilities. The lease term is 15 years, with options for 10% increases every 5 years, including option periods. The lease commenced in Q1 2024 and is set to expire on March 31, 2039. The property generates a Net Operating Income (NOI) of $169,755, with a capitalization rate of 6.5%.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Marett's Flower, Floral Arts Ltd, Florist In Newberry

    Map

    City
    Anderson
    County
    Anderson
    State
    South Carolina
    Longitude
    -82.6501332
    Latitude
    34.5034394

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    FAQs

    What type of property is this?
    Storefront property - New retail property built in 2024 with NNN lease.
    Where is this storefront property located?
    The property is located at 4391 Sc Hwy, Unit 24 Anderson, SC.
    What is the asking price?
    The asking price for this property is $2,615,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Zero landlord responsibilities, offering a truly passive investment.; - High NOI: **$169,755 net operating income** provides substantial annual returns.; - Long-Term Lease: 15-year lease term ensures stable income stream until 3/31/2039.
    (919) 616-0066
    Request Owner's contact information
    4391 Sc Hwy, Unit 24 Anderson, SC
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    Anderson, SC
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4391 Sc Hwy, Unit 24 Anderson, SC
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