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NNN Automotive Property
New
For Sale
$1,400,000

1878 Great Falls Hwy, Lancaster, SC 29720

Net-leased automotive retail property with a corporate guarantee and more than seven years remaining on the lease.

Property Size7,000 SF
Price / SF$200
Days on Market3

Property Features for 1878 Great Falls Hwy

General Information

Standard status Active
Size 7,000 SF
Property subtype Auto Parts
Lease Type NN

Additional Details

Cap Rate 7%

Amenities

Advance Auto
Minimal Maintenance
Corporate Guarantee

Building Details

Building Size 7,000 SF
Tenancy Single
Listing Agency: New York City Office
Listed By: Cohen Brown · License #License(s): NY: 10401397573
Source: Marcusmillichap
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 16 at 8:23AM

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 New York City Office

Investment Insights

Based on property information with market context.

This NNN automotive property is leased to Advance Auto under a net lease with more than seven years remaining. The lease includes a corporate guarantee, providing an added contractual feature for ownership review.

The property is located at 1878 Great Falls Hwy in Lancaster, South Carolina, within an active retail corridor. The reported property size is 7,000.

Key Highlights

  • Net lease with more than 7 years remaining
  • Corporate guarantee included
  • Advance Auto tenancy at 1878 Great Falls Hwy, Lancaster, SC 29720

Property Analytics

Current Use

Advance Auto Parts Auto Parts Store

Suggested Use

Top Pick Big Box & Wholesale Store Law Firm HVAC Service Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 29720, SC

51,198
Population
22,106
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
86%
High-School Grad
284.9 sq mi
ZIP Area
180
Density / Sq Mi
$59,039
Median Household Income
$37,020
Median Earnings
$845
Median Rent
$212,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Net-leased automotive retail property with a corporate guarantee and more than seven years remaining on the lease.
Where is this nnn property located?
The property is located at 1878 Great Falls Hwy Lancaster, SC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Net lease with more than 7 years remaining; Corporate guarantee included; Advance Auto tenancy at 1878 Great Falls Hwy, Lancaster, SC 29720
More about this property
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