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New Jiffy Lube NNN Lease

4391 South Carolina 24, Anderson, SC 29626

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For Sale

$2,615,000

New construction Jiffy Lube with absolute NNN lease.

Type:Retail

Property size:

4,042 SF

Price / SF:

$646/SF

HighLights

Absolute NNN Lease: Enjoy a completely passive investment with zero landlord responsibilities.
Long‑Term Lease: Benefit from a stable, predictable income stream with a 15‑year initial lease term, extending through March 31, 2039.
Strong NOI: Generates a substantial $169,755 Net Operating Income.
Strategic Location: Situated at a signalized, hard corner intersection of State Highway 24 and State Highway 187 in the Greenville MSA.
Brand New Construction: Built in 2024, minimizing potential maintenance costs.
Rental Escalations: Features 10% rental increases every 5 years, including option periods, providing increasing returns.

We can help!

Listing Contact

Jake Plotkin

Learn more

For Sale

$2,615,000

New construction Jiffy Lube with absolute NNN lease.

Type:Retail

Property size:

4,042 SF

Price / SF:

$646/SF

Added:: Nov 26, 2025
Days on Market:: 200
Last Refresh:: May 8 at 10:35 pm

Property Features for 4391 South Carolina 24

General Information

Standard status: Active
Size: 4,042 SF
Property subtype: Retail

Building Details

Year Built: 2024

We can help!

Listing Contact

Jake Plotkin

Listing agent Jake Plotkin

Listing office

Listing date Nov 26, 2025

Source Lee-associates

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 Jake Plotkin

HighLights

Absolute NNN Lease: Enjoy a completely passive investment with zero landlord responsibilities.
Long‑Term Lease: Benefit from a stable, predictable income stream with a 15‑year initial lease term, extending through March 31, 2039.
Strong NOI: Generates a substantial $169,755 Net Operating Income.
Strategic Location: Situated at a signalized, hard corner intersection of State Highway 24 and State Highway 187 in the Greenville MSA.
Brand New Construction: Built in 2024, minimizing potential maintenance costs.
Rental Escalations: Features 10% rental increases every 5 years, including option periods, providing increasing returns.

Overview

This single-tenant Jiffy Lube property is located in Anderson, South Carolina, within the Greenville Metropolitan Statistical Area. The property is strategically positioned at the signalized intersection of State Highway 24 and State Highway 187. The surrounding area includes retailers such as Walgreens, Food Lion, Ingles Markets, and Burger King. Constructed in 2024, the building has a size of 4,042 square feet and is situated on a 0.826-acre lot. The lease is an absolute NNN lease with no landlord responsibilities. The lease term is 15 years, with commencement in Q1 2024 and expiration on March 31, 2039. The lease includes options with a 10% increase every 5 years, including option periods.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$274.5k	$67.92
− Vacancy	−$14.3k	−$3.53
EGI	$260.3k	$64.39
− OpEx	−$78.1k	−$19.32
NOI	$182.2k	$45.07

4,042 SF · lease $67.92/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Industrial

$2.60M

$2.28M – $3.04M (±1% cap)

NOI $182,180 @ 7.0% cap · market cap 6.97%

Second Best

Retail

$1.17M

$1.02M – $1.36M (±1% cap)

NOI $81,826 @ 7.0% cap · market cap 3.13%

Theoretical Best

Multifamily LT 5

$43.76M

$38.29M – $51.06M (±1% cap)

NOI $3,063,442 @ 7.0% cap · market cap 117.15%

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

Location Intelligence

Current Use by Public Records

Auto shops

Map

City: Anderson
County: Anderson
State: South Carolina
Longitude: -82.7512
Latitude: 34.4656

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For sale
Auto shops
SC
Anderson
29626
4391 South Carolina 24

What type of property is this?

Auto shop - New construction Jiffy Lube with absolute NNN lease.

Where is this auto shop located?

The property is located at 4391 South Carolina 24 Anderson, SC.

What is the asking price?

The asking price for this property is $2,615,000.

What are key features of this property?

This property features: Absolute NNN Lease: Enjoy a completely passive investment with zero landlord responsibilities.; Long‑Term Lease: Benefit from a stable, predictable income stream with a 15‑year initial lease term, extending through March 31, 2039.; Strong NOI: Generates a substantial $169,755 Net Operating Income.

4391 South Carolina 24, Anderson, SC 29626

New construction Jiffy Lube with absolute NNN lease.

Property Features for 4391 South Carolina 24

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Commercial Plaza on North Main

Highway Commercial Property Near Development

Commercial Property Near Downtown Anderson

Retail Building on Miracle Mile

Anderson Commercial Property with Garage

Warehouse & Flex Space Facility

Prime Anderson Business Location

Office Building with Multiple Entrances

Rebuilt Duplex Ideal for Investors

Versatile Property Near AnMed Hospital

Turnkey Restaurant with Outdoor Dining

Leased Industrial Investment Property

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