2730 Columbia N Hwy Aiken, SC 29805-9325

Property Details for 2730 Columbia N Hwy

Year built

1970

Lot size

5.66 lot acres

Property size

1,798 SF

Property type

Commercial real estate

APN

133-00-04-001

APU

1330004001

Description

This exceptional investment opportunity presents a brand-new, 4,650-square-foot 7-Eleven convenience store and gas station, constructed in 2024, situated on a 5.7-acre lot in Aiken, South Carolina. The property boasts a highly desirable location at the corner of Interstate 20 and US Highway 1, a major transportation corridor experiencing over 49,500 combined vehicles daily. This strategic positioning ensures exceptional visibility and consistent customer traffic. The property benefits from a newly executed 18-year net lease with a corporate guarantee from 7-Eleven, a globally recognized S&P A-rated tenant. The lease includes four successive options and features a 10% rent increase every six years, providing significant long-term growth potential. The current net operating income (NOI) stands at $544,500, yielding a 5.25% cap rate on the $10,370,000 asking price. The property's strong co-tenancy includes nationally recognized brands such as McDonald's, Waffle House, Bojangles, and more, further enhancing its appeal and market position. Its proximity to Aiken Regional Airport, Shaw Industries, and the renowned Augusta National Golf Club adds to its investment value. This prime retail property offers a rare opportunity to acquire a secure, high-performing asset with substantial long-term growth prospects in a thriving South Carolina market. The lease commenced September 1st, 2024, and expires September 1st, 2042, offering a remaining lease term of approximately 17.8 years.