1705 Main St Anderson, SC 29621-4761
This exceptional Class A office building, located at 1705 N Main St in Anderson, South Carolina, presents a compelling investment opportunity. The 1,459 square foot property is currently leased to 1st Capital Consumer and Title Loans, a long-term tenant occupying the entire space. The lease, expiring May 31, 2026, generates a substantial monthly rent of $1,784, translating to an annual rent of $21,408. Annual expenses are estimated at $4,513, resulting in a strong net operating income (NOI) of $16,895. This translates to an attractive cap rate of 6.57%. The asking price for this prime commercial real estate is $257,000, offering a price per square foot of $176.15. Situated on a highly desirable corridor in Anderson, this property represents a secure investment with significant potential for future growth. The property's location in Anderson County, South Carolina, zip code 29621, provides easy access to key transportation routes and local amenities. This is a rare chance to acquire a well-performing, established office building in a thriving market. The building's strong tenant history and favorable lease terms make it an ideal addition to any investment portfolio.
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1st Capital Finance Loan Service
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1st Capital Credit Bank Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.