Pep Boys Auto
3073 Highway 160 W, Fort Mill, SC 29708
For Sale
Contact for pricing
A single-tenant automotive property is leased to a national brand under a corporate agreement with scheduled rent increases.
Property Size6,935 SF
Lot Size1.08 Acres
Price / SF$430.10
Days on Market22
Property Features for 3073 Highway 160 W
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Tenancy & Operations
Tenant in Place
Current Tenants
Real Estate Included
Building Details
Buildings
Tenancy
Listing Agency:
Graystone Capital Advisors
Listed By:
Jared Meyers · License #UT 5722105-PB00
Source:
Crexi
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 6:15PM
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 Graystone Capital Advisors
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Investment Insights
Based on property information with market context.
This 6,935-square-foot, single-tenant automotive property sits on 1.075 acres in Fort Mill, South Carolina. Pep Boys occupies the site under a corporate lease that began in December 2021, with a 15-year initial term. The agreement includes approximately 10 years remaining and three 5-year renewal options, extending through 2051. Contractual rent increases of 8% occur every five years.
The property is positioned at the intersection of Highway 160 and Zoar Road. Retailers identified in the surrounding trade area include Harris Teeter, Walmart, Aldi, Lowe’s, and Walgreens.
The property is positioned at the intersection of Highway 160 and Zoar Road. Retailers identified in the surrounding trade area include Harris Teeter, Walmart, Aldi, Lowe’s, and Walgreens.
Key Highlights
- 6,935‑square‑foot automotive property on 1.075 acres
- Leased to Pep Boys under a corporate agreement commencing December 2021
- 15‑year primary lease term with approximately 10 years remaining
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$93,782
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,875,640
$1.9M
Cap Rate 7%
$1,339,743
$1.3M
Cap Rate 9%
$1,042,022
$1.0M
Market Conditions
NOI Build-Up for 6,935 SF
Gross rent
$139.0K $20.04/SF
− Vacancy
−$5.0K −$0.72/SF
EGI
$134.0K $19.32/SF
− OpEx
−$40.2K −$5.80/SF
NOI
$93.8K $13.52/SF
Area
York County, SC
Vacancy
3.60%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,875,640
Cap Rate 7%
$1,339,743
Cap Rate 9%
$1,042,022
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,782 @ 7.0% cap · market cap 3.14%
Second Best
Industrial
$886.3K
$775.5K – $1.03M
NOI $62,043 @ 7.0% cap · market cap 2.08%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,159 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
54k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 19%
Beauty & Spa 1%
7-Eleven
Shops & Services
16,861 visits/mo
0.1 miles
Wells Fargo
Shops & Services
9,697 visits/mo
0.5 miles
SONIC Drive In
Dining
9,176 visits/mo
0.2 miles
Dollar Tree
Shops & Services
6,080 visits/mo
0.5 miles
Dogtopia
Shops & Services
3,562 visits/mo
0.4 miles
Demographics for 29708, SC
40,227
Population
16,296
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
97%
High-School Grad
19.0 sq mi
ZIP Area
2,117
Density / Sq Mi
$129,304
Median Household Income
$65,927
Median Earnings
$1,588
Median Rent
$479,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Mavis Tires & Brakes — 419 Silver Ridge Dr, Fort Mill, SC 29708
- SKA Autoparts — 943 Asheville Ave Apt 207, Fort Mill, SC 29708
- Express Oil Change & Tire Engineers — 1774 Gold Hill Rd, Fort Mill, SC 29708
- TEGA CAY OIL CHANGE - VALVOLINE OIL - Fort Mill — 2888 SC-160, Fort Mill, SC 29708
- SKA Autoparts — 943 Asheville Ave #207, Fort Mill, SC 29708
Frequently Asked Questions
What type of property is this?
Auto shop - A single-tenant automotive property is leased to a national brand under a corporate agreement with scheduled rent increases.
Where is this auto shop located?
The property is located at 3073 Highway 160 W Fort Mill, SC.
What is the asking price?
The asking price for this property is $2,982,732.
What are key features of this property?
This property features: 6,935‑square‑foot automotive property on 1.075 acres; Leased to Pep Boys under a corporate agreement commencing December 2021; 15‑year primary lease term with approximately 10 years remaining
