3467 Five Chop Rd Orangeburg, SC 29115
- Retail properties
- 4,050 SF
- 5.00 lot acres
Current Use by Public Records
- 7 Eleven / Convenience Store
Property Details for 3467 Five Chop Rd
- Year built
- 2023
- Lot size
- 5.00 lot acres
- Property size
- 4,050 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
Exceptional investment opportunity: a 4,050 square foot 7-Eleven convenience store and gas station located at 3467 Five Chop Rd, Orangeburg, SC 29115. This 2023-built property sits on a 5-acre lot, boasting a strong 5.50% cap rate and a substantial net operating income (NOI) of $351,052. The property benefits from a 15-year net lease with a corporate guarantee from 7-Eleven, the world's largest chain store operator (S&P rated A), commencing May 1, 2023, and expiring May 1, 2038. The lease includes 8% rent bumps in options. The property is strategically located just off I-26 (approximately 56,000 vehicles per day) and Five Chop Road (approximately 10,000 vehicles per day), seven miles from South Carolina State University and Orangeburg Municipal Airport, serving a population of over 85,000 in Orangeburg County. This is a ground lease with a remaining term of 13.6 years, expiring May 1, 2038. The asking price is $6,382,764, translating to $1,575.99 per square foot. The property is currently 100% occupied. This turnkey investment offers exceptional stability and significant long-term growth potential in a thriving market near Columbia, Charleston, and Augusta.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orangeburg
- County
- Orangeburg
- State
- South Carolina
- Longitude
- -80.723
- Latitude
- 33.4599
