914 Main St Laurens, SC 29360
- Retail properties
- 2,281 SF
- 1.00 lot acres
Current Use by Public Records
- Starbucks / Espresso Bar / Internet Cafe
Property Details for 914 Main St
- Year built
- 2023
- Lot size
- 1.00 lot acres
- Property size
- 2,281 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a brand-new, single-tenant Starbucks located at 914 E Main St, Laurens, SC 29360. Built in 2023, this 2,281 square foot Class A property boasts a strong 10-year net lease with a corporate guarantee from Starbucks, offering significant financial stability. The lease includes four five-year options with a 5% rent increase at each option period. The property features a dedicated drive-thru and ample parking (30 spaces) on a one-acre lot. The asking price is $2,732,000, representing a compelling 5.75% cap rate and a NOI of $157,100. The property benefits from its location in a high-traffic area with numerous national retailers nearby, including Chick-fil-A, Walmart, and other popular restaurants and stores. Its proximity to the 90-bed Laurens County Hospital further enhances its desirability. The tenant is responsible for all taxes, insurance, landscaping, and HVAC maintenance. This property is zoned commercial and presents a secure, high-return investment opportunity. Consider this property as a standalone investment or as part of a larger portfolio.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Laurens
- County
- Laurens
- State
- South Carolina
- Longitude
- -81.9814
- Latitude
- 34.4923
