Main St & Academy St Williamston, SC 29697

Property Details for 0 Main St & Academy St

Property size

2,695 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Williamston

County

Anderson

State

South Carolina

Longitude

-82.4866

Latitude

34.6155