4102 Clemson Blvd, Anderson, SC 29621-1108
- Car washes
- 1,799 SF
- 1.12 lot acres
Current Use by Public Records
- Zips Car Wash / Car Wash
- Snappy Express Wash / Car Wash
Property Details for 4102 Clemson Blvd
- Year built
- 2008
- Lot size
- 1.12 lot acres
- Property type
- Car washes
- APN
- 093-09-01-020
- APU
- 930901020
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 29, 2017 | $4,933 | Scf Rc Funding IV LLC | Woodlawn Anderson Props LLC | Grant Deed · related | — |
| Oct 29, 2009 | — | Woodlawn Anderson Props LLC | — | Trustees Deed · related | $594k · United Community Bank |
| Mar 6, 2008 | $470,500 | Woodlawn Anderson Props LLC | Prater Ray D | Grant Deed | $1.9M · United Community Bank |
| Jun 6, 1997 | — | Donnie R Prater | Prater,ray D | Quit Claim Deed · related | — |
| — | — | Woodlawn Anderson Props LLC | — | Deed Of Trust · related | $602k · Appalachian Development Corp |
| — | — | Woodlawn Anderson Props LLC | — | Deed Of Trust · related | $2M · United Community Bank |
| — | — | Woodlawn Anderson Props LLC | — | Deed Of Trust · related | $1.8M · Carolina Alliance Bk |
| — | — | Woodlawn Anderson Props LLC | — | Deed Of Trust · related | — |
| — | — | Woodlawn Anderson Props LLC | — | Deed Of Trust · related | $991k · United Community Bank |
| — | — | Woodlawn Anderson Props LLC | — | Deed Of Trust · related | — |
Description
This exceptional investment opportunity presents a fee-simple, 4,032 square foot ZIPS Car Wash located at 4103 Clemson Blvd, Anderson, SC 29621. Built in 2008 on a 1.12-acre lot, the property boasts a strong 100% occupancy rate under a corporate-guaranteed Absolute NNN lease with 15.8 years remaining. The lease features attractive 1.5% annual rent escalations and six, five-year renewal options, ensuring consistent income growth. The property generates a substantial NOI of $300,000, resulting in a compelling 7.50% cap rate. The asking price is $4,000,000, translating to $992.06 per square foot. Situated approximately 20 minutes from Clemson University, this car wash benefits from a robust retail corridor, high traffic volume (combined +/- 61,000 vehicles per day), and proximity to a major highway bypass on-ramp. The surrounding area exhibits strong demographics, including a 1.05% annual population growth since 2020. This property is eligible for accelerated depreciation and 60% bonus depreciation in 2024 (consult a tax professional for details). This is a rare opportunity to acquire a high-performing, long-term leased car wash in a thriving market.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.6899
- Latitude
- 34.5598
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
