Retail Building with High Cap
For Sale
Contact for pricing
1716 Pearman Dairy Road, Anderson, SC 29625
Retail building for sale with an 8.35% cap rate.
Property Size10,400 SF
Days on Market119
Property Features for 1716 Pearman Dairy Road
General Information
Standard status
Active
Size
10,400 SF
Property subtype
Retail, Office
Zoning
NZ
Listing Agency:
McCoy Wright Commercial Real Estate
(864) 224-3503
Listed By:
Max Kinser · License #SC 109810
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 6:45AM
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 McCoy Wright Commercial Real Estate
Investment Insights
Based on property information with market context.
This 10,400 sq ft retail building is available for purchase, offering an 8.35% cap rate. The metal building features a metal roof and includes 8 suites and a billboard, all contributing to the property's income. The property is suitable for a variety of retail uses and benefits from an excellent tenant mix, primarily local businesses that are well-suited to withstand e-commerce competition. One suite, Suite H, is partially vacant and comprises 1200 sq ft. It is currently leased month to month for $450. The property generates an NOI of $92,030 per year, with a gross income of $106,188 per year and total expenses of $14,158 per year. Each unit is separately metered for electricity, while all units share a common water tap, billed as part of the CAM. The property benefits from great visibility and signage on Pearman Dairy Road, which sees approximately 20,000 vehicles per day. Ample parking and easy access enhance the building's value. Located at 1716 Pearman Dairy Road, Anderson, SC 29625, this center is well-maintained.
Key Highlights
- High Cap Rate: Offered at an impressive 8.35%, promising a strong potential return.
- Significant Net Operating Income (NOI): Generates $92,030/year, showcasing substantial cash flow.
- High Visibility and Traffic: Located on Pearman Dairy with approximately 20,000 vehicles per day, offering excellent exposure.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 29625, SC
28,521
Population
13,716
Households
2.1
Avg Household Size
42
Median Age
23%
College-Educated
89%
High-School Grad
46.9 sq mi
ZIP Area
608
Density / Sq Mi
$58,746
Median Household Income
$36,120
Median Earnings
$1,015
Median Rent
$210,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail building for sale with an 8.35% cap rate.
Where is this strip mall located?
The property is located at 1716 Pearman Dairy Road Anderson, SC.
What are key features of this property?
This property features: High Cap Rate: Offered at an impressive 8.35%, promising a strong potential return.; Significant Net Operating Income (NOI): Generates $92,030/year, showcasing substantial cash flow.; High Visibility and Traffic: Located on Pearman Dairy with approximately 20,000 vehicles per day, offering excellent exposure.
