110 Travis Ave Saluda, SC 29138-1216

This exceptional investment opportunity presents a 7,000-square-foot O'Reilly Auto Parts store in Saluda, South Carolina. Built in 2022, the property sits on a 1.68-acre lot and boasts 32 parking spaces. The current lease, a Net Lease (NN) agreement, has a remaining term of 13 years, extending to October 31, 2037. This provides significant long-term stability for investors. The lease includes four, five-year renewal options, each with a 6% rent increase, beginning in November 2032. The property generates a substantial Net Operating Income (NOI) of $93,090, resulting in an attractive 6.25% capitalization rate. Priced at $1,489,440, this translates to $212.78 per square foot. Strategically located in Saluda, this O'Reilly Auto Parts is the sole provider within a 16-mile radius, serving a substantial market within the Columbia, South Carolina MSA (population 838,250). This prime location, coupled with the long-term lease and built-in rent escalations, makes this a compelling investment prospect with significant potential for future growth and returns. The property's recent construction and strong tenant history further enhance its appeal.