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Valvoline Auto Shop with Ground Lease

75 Petigru Drive, Pawleys Island, SC 29585

For Sale
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The property is leased on an absolute NNN basis, with scheduled rent increases.

Property SizeContact for details
Days on Market35

Property Features for 75 Petigru Drive

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type Absolute NNN
Current Tenants Valvoline
Real Estate Included Yes

Additional Details

Automotive Uses quick lube/oil change

Building Details

Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License NC #288268
Source: Crexi
Added: Oct 8 Changed: Nov 10 Last Checked: Nov 10 at 2:35PM

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 Atlantic Capital Partners

Rey
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Investment Insights

Based on property information with market context.

At 75 Petigru Drive, the property is occupied by Valvoline under a 15-year absolute NNN ground lease. The lease provides for 10% rent escalations every five years, and its guarantor is QAS Holdings, LLC.

The site is on Ocean Highway within a retail corridor. QAS Holdings operates more than 200 locations and is identified as the second-largest Valvoline franchisee in the country.

Key Highlights

  • Valvoline location at 75 Petigru Drive in Pawleys Island, SC
  • 15‑year absolute NNN ground lease
  • Rent escalations of 10% every five years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Auto shops

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Building Supply Grocery & Convenience 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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29585, SC

16,574
Population
12,061
Households
1.4
Avg Household Size
60
Median Age
50%
College-Educated
96%
High-School Grad
61.8 sq mi
ZIP Area
268
Density / Sq Mi
$83,077
Median Household Income
$42,237
Median Earnings
$1,599
Median Rent
$423,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Coastal Carolina Auto Glass — 10993 Ocean Hwy, Pawleys Island, SC 29585
  • Pawleys Auto Center — 63 Archer Rd, Pawleys Island, SC 29585
  • Coastal Carolina Towing — 172 Archer Rd, Pawleys Island, SC 29585

Frequently Asked Questions

What type of property is this?
Auto shop - The property is leased on an absolute NNN basis, with scheduled rent increases.
Where is this auto shop located?
The property is located at 75 Petigru Drive Pawleys Island, SC.
What is the asking price?
The asking price for this property is $1,752,000.
What are key features of this property?
This property features: Valvoline location at 75 Petigru Drive in Pawleys Island, SC; 15‑year absolute NNN ground lease; Rent escalations of 10% every five years
(704) 375-7771 · Office Call to check price and availability
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