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Property profile & analytics
OFF-MARKET
Parking lots & garages

2814 Main St Anderson, SC 29621-2757

0.32 ac lot
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US77-1362895
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, 10,125 square foot CVS Pharmacy building situated on a 1.16-acre lot at 2814 N Main St, Anderson, SC 29621. The property boasts a strong operating history of nearly 25 years, with a current lease extending to January 31, 2034, offering over 9.2 years of remaining term. The lease, extended in 2019 for 15 years, includes four five-year option periods with rent increases. This prime location, situated at a signalized intersection on Anderson's busiest corridor, benefits from exceptional visibility and minimal landlord responsibilities. The building features a new roof (installed in 2017) and is consistently ranked among the top performing CVS locations nationally (top 13% nationwide, #12 in South Carolina, and #2 within a 30-mile radius). The property's strong performance is further evidenced by historically high sales figures and a 5.25% cap rate, generating a net operating income (NOI) of $213,468. The asking price is $4,066,057, translating to $401.59 per square foot. This is an irreplaceable piece of real estate in a growing market, strategically positioned near other prominent businesses including QuikTrip, Walgreens, and a soon-to-open Whataburger. The property offers significant frontage on Main Street (237 feet) and Concord Road (172 feet). This is a rare opportunity to acquire a high-performing, credit-tenant property with substantial long-term growth potential.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.32 ac (13,939 SF)
APN 122-12-04-001
UPID US77-1362895
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CVS Photo (Bike/Boat/Book/etc) Store
  • CDReload - Online Bitcoin ATM Bank Credit Union
  • CVS Pharmacy Pharmacy
  • MoneyGram Bank Credit Union
  • Buy Bitcoin Crypto Atm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Aks Friends LLC · 10 yrs held
Aks Friends LLC
since 2015
7 recorded transactions
2019
Price N/A
2015
$3.7M
2015
$2.1M
2007
Price N/A
2007
Price N/A
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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