For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

857 Orangeburg Rd Summerville, SC 29483

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$1,416,400

Auto parts store on 1.44 acre lot for sale.

Building Details

Year built
2005

We can help!

Listing Contact
Robert Michil
Source: Legacycrea

Listing Agent: Robert Michil

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

Learn more


Overview

Auto Parts Store For Sale

This commercial property is suitable for auto shops, automotive businesses, retail, and other commercial real estate ventures. Situated on a 1.44-acre lot, the property provides ample parking space and potential for re-tenanting or repurposing. The location benefits from strong population growth in Summerville, with an expected increase of 7.4% by 2024. The population within a 5-mile radius exceeds 85,000 individuals. The property is occupied by the second-largest auto parts chain in the US, which has a Standard & Poor's credit rating of BBB-. The tenant's 2019 revenues were $9.709 billion, marking three consecutive years of growth. The tenant's 2019 net worth was $3.549 billion, a 21.7% increase over 2016. There was a 2019 increase in net sales (1.3%), comparable store sales (1.1%), operating income (12.1%), and operating cash flow (6.9%). In 2019, the tenant established a partnership with Walmart to increase its omni-channel platform and overall operational efficiencies.
Location Intelligence

Current Use by Public Records

UPS Access Point ... Courier Service Advance Auto Parts Auto Parts Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

HD Mobile Truck Repair, Home Town Auto Center llc, Home Town Paint & Body LLC, Spectrum Auto Glass, Mallard Towing and Storage

Location Insight

  • Map
  • Local Demand
City
Summerville
County
Dorchester
State
South Carolina
Longitude
-80.2375327
Latitude
33.0095599

FAQs

What type of property is this?
Auto shop - Auto parts store on 1.44 acre lot for sale.
Where is this auto shop located?
The property is located at 857 Orangeburg Rd Summerville, SC.
What is the asking price?
The asking price for this property is $1,416,400.
What are key features of this property?
This property features: - Strong corporate financials with $9.709B in 2019 revenues and $3.549B net worth.; - Located on a 1.44 acre lot providing excellent parking and re-tenanting/re-purposing options.; - Strong population growth in Summerville; population expected to increase by 7.4% by 2024.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message