Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service
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Bank Loan Service
Location
Value estimations
Owner & transaction history
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
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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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