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Property profile

0 Main St & Academy St Williamston, SC 29697

OFF-MARKET
Lifestyle centers
2,695 SF
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents a single-tenant, absolute NNN leased Bojangles property located in Williamston, South Carolina. Situated at the prominent intersection of W Main St & Academy St, in Anderson County, zip code 29697 (34.6154596, -82.4865728), this property boasts a substantial 2,695 square feet of retail space. The property features ample parking with 37 spaces, catering to the convenience of both employees and customers. The current lease agreement is a long-term, 16-year absolute NNN lease, commencing May 31, 2023, and expiring April 30, 2039, providing significant lease stability and predictable cash flow. The property is zoned for Residential Commercial use, reflecting its strategic location and versatile potential. With a Net Operating Income (NOI) of $161,595 and an attractive 5.85% capitalization rate, this offering presents a compelling investment opportunity with a strong return on investment. The asking price for this well-positioned retail asset is $2,762,290. This is a turnkey investment, ideal for those seeking a stable, high-yield addition to their portfolio. The property's prime location and long-term lease ensure a secure and profitable investment for years to come.

Property profile

Verified
Property type Lifestyle centers
Total area 2,695 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Main St & Academy St Williamston, SC 29697
Williamston metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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