Property summary
This fully occupied, 9,600 square foot retail shopping center in Anderson, South Carolina, presents a compelling investment opportunity. Priced at $1,150,000, it boasts a strong 7.29% cap rate and a substantial net operating income of $87,508.95. The property comprises three units on a 2.65-acre lot, offering ample parking. Tenants include La Fogata Restaurant (leased until 10/31/2027), Razor's Edge Barber (leased until 2/28/2027), and The Social Trap (leased until 2/28/2025), ensuring consistent cash flow. Its strategic location less than five minutes from Interstate 85 and approximately 3.8 miles from downtown Anderson provides excellent visibility and accessibility. The surrounding area features a robust demographic profile, with a 5-mile radius encompassing a population of 68,150, 27,677 households, and an average household income of $68,818. High traffic counts of 23,200 vehicles per day further enhance the property's appeal. This retail center offers a blend of strong tenant occupancy, favorable location, and impressive financial performance, making it an ideal addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Storage Facility
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Barber Shop
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Bar & Pub
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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