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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1209 Main St Rock Hill, SC 29730

12,208 SF 0.73 ac lot Built 1985
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 12,208 square foot, single-story retail building in Rock Hill, South Carolina. The property is currently 100% occupied by Advance Auto Parts, a publicly traded company (NYSE: AAP) under an absolute triple-net (NNN) lease with a corporate guarantee. The lease boasts a remaining term of 9.6 years, extending to June 30, 2034, with six five-year renewal options. The tenant has a long operating history at this location, recently signing a 10-year extension, demonstrating their commitment. The property features a low rent, resulting in a healthy rent-to-sales ratio, and offers zero landlord responsibilities. Situated on a 0.73-acre lot at 1209 E Main St, Rock Hill, SC 29730, the property benefits from high visibility and traffic counts, located near major roadways including I-77. The surrounding area includes a significant concentration of retail and industrial space, creating strong synergies with neighboring businesses. The asking price is $553,000, representing a 6.25% cap rate and a price per square foot of $45.30. The property's strong tenant, long lease term, and favorable location make it an attractive investment opportunity. Built in 1985, this Class A property offers a stable income stream with significant upside potential. The Net Operating Income (NOI) is $34,550.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1985
Total area 12,208 SF
Lot 0.73 ac (31,799 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
Current use
Occupant on record · Public records
  • UPS Access Point location Courier Service Postal Service
  • Advance Auto Parts Auto Parts Store
  • Car Quest Auto Parts Auto Parts Store
  • CARQUEST AUTO PARTS #4258 Auto Parts Store
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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