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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5220 Us-321 Gaston, SC 29053

7,000 SF 0.85 ac lot Built 2005
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a 7,000-square-foot Advance Auto Parts store located at 5220 US-321 in Gaston, South Carolina, 29053. The property sits on a 0.85-acre lot and includes 42 parking spaces. Built in 2005, this single-story building boasts 100% occupancy under a triple-net (NNN) lease with Advance Auto Parts, a national retailer with over 4,700 locations. The current lease has 9.8 years remaining, with rent bumps included and 3-5 year lease options. The asking price is $1,065,000, representing a price per square foot of $152.14 and a 6.57% cap rate based on a net operating income (NOI) of $70,000. This property benefits from its strategic location on US-321, providing convenient access to I-26 and proximity to major retailers and a thriving community. The tenant's strong financial performance and long-term commitment make this a compelling investment opportunity in a growing market. The property offers a hands-off investment experience due to the NNN lease structure. This location is conveniently situated near other major retailers such as Food Lion, Diamond Manufacturing Plant, Family Dollar, Wendy's, KFC, and 7-Eleven. The property's location in Gaston, South Carolina, offers easy access to downtown Columbia, which is only 13 miles away.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2005
Total area 7,000 SF
Lot 0.85 ac (37,026 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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