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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

914 Main St Laurens, SC 29360

2,281 SF 1 ac lot Built 2023
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 2,281 SF
Lot 1 ac (43,560 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
  • Starbucks Cafe & Coffee Shop
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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