76 Gas Station NNN
For Sale
Contact for pricing
800 Hwy 28 Byp, Anderson, SC
Corporate guaranteed NNN investment with 17 years remaining on lease.
Property Size1,982 SF
Lot Size0.51 Acres
Price / SF$629.91
Days on Market480
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 Agency:
Sands Investment Group (SIG) - Corporate
(843) 517-8165
Listed By:
Clifton McCrory
(540) 255-5496
Source:
Moodyscre
Added: Apr 8, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:35AM
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
Investment Insights
Based on property information with market context.
This 1,982 square foot 76 gas station is located at 800 Highway 28 Bypass in Anderson, SC. The property features a corporate guaranteed absolute triple net (NNN) investment with 17 years remaining on the lease and 2% annual rent escalations. The property has zero landlord responsibilities. The gas station was recently renovated with new gas pumps, canopy, and signage upgraded to reflect the modern 76 branding. The property is located directly off HWY 28, which sees over 22,000 vehicles per day. It is strategically positioned for optimal accessibility and convenience in the heart of Anderson. National tenants surrounding the property include Walmart Supercenter, KFC, Bojangles, ALDI, Dollar Tree, and Lowe’s. The tenant is partnered with 76, Valero, Exxon, Mobil, Travel Centers of America, TA Express, VP Racing and Marathon. Gas stations offer strong bonus depreciation benefits.
Key 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.**
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 |
1,982 SF · lease $67.92/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.28M
$1.12M – $1.49M
NOI $89,332 @ 7.0% cap · market cap 7.16%
Second Best
Retail
$573.2K
$501.6K – $668.7K
NOI $40,124 @ 7.0% cap · market cap 3.21%
Theoretical Best
Multifamily LT 5
$21.46M
$18.78M – $25.04M
NOI $1,502,163 @ 7.0% cap · market cap 120.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Corporate guaranteed NNN investment with 17 years remaining on lease.
Where is this gas station located?
The property is located at 800 Hwy 28 Byp Anderson, SC.
What is the asking price?
The asking price for this property is $1,248,480.
What are key features of this property?
This property features: 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.**
