800 Hwy 28 Byp, Anderson, SC
Corporate guaranteed NNN investment with 17 years remaining on lease.
- Added:
- Apr 8, 2025
- Days on Market:
- 435
- Last Refresh:
- May 20 at 9:31 pm
Property Features for 800 Hwy 28 Byp
General Information
- Standard status
- Active
- Size
- 1,982 SF
- Lot size
- 0.51 Acres
- Property subtype
- RETAIL
Listing agent Clifton McCrory (540) 255-5496
Listing office Sands Investment Group (SIG) - Corporate (844) 474-4666
Listing date Apr 8, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sands Investment Group (SIG) - Corporate
HighLights
- Corporate guaranteed absolute NNN lease with 17 years remaining.
- 2% annual rent escalations providing a secured investment.
- Recently renovated with new gas pumps, canopy, and modern 76 branding.
- Prime location directly off HWY 28 with high traffic volume (22,000 vehicles per day).
- Located in the heart of Anderson, SC, offering optimal accessibility and convenience.
- Surrounded by national tenants such as Walmart, KFC, and ALDI.
Overview
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.6k | $67.92 |
| − Vacancy | −$7.0k | −$3.53 |
| EGI | $127.6k | $64.39 |
| − OpEx | −$38.3k | −$19.32 |
| NOI | $89.3k | $45.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.6774
- Latitude
- 34.4938