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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

118 Commons Pkwy Anderson, SC 29625

1,600 SF
Property ID
Property summary
AI-generated overview

This thriving Vampire Penguin franchise in Anderson, SC, is offered for sale at $199,900. The 1,600 square foot, single-story building is located at 118 Commons Pkwy, Anderson, SC 29625 and operates under a triple net (NNN) lease with a current monthly rent of $2,400. The lease, currently expiring September 30, 2023, has a remaining term of two years and includes a sublease option for a qualified buyer. The sale includes all equipment, inventory, and existing employees, providing a truly turnkey operation. The franchise rights cover zip code 29621, with potential for expansion into additional areas. The current owner will provide comprehensive training and support to ensure a smooth transition. Monthly royalties of 4% are due to the franchisor. Financial information is available upon execution of a non-disclosure agreement (NDA). This is an exceptional opportunity to acquire a profitable, established business with significant growth potential. The business operates at 100% occupancy. Showings are by appointment only.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,600 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
  • Vampire Penguin Anderson Grocery & Convenience Store Specialty Food Shop
  • Vampire Penguin Powdersville Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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