5363 Augusta Rd, Lexington, SC 29072-3816
This exceptional investment opportunity presents a fee-simple ownership of a 9,100 square foot Class B auto shop in Lexington, South Carolina. Currently 100% occupied by Carvana under a NNN lease with 2.8 years remaining until August 31, 2027, the property boasts a strong 7.51% cap rate and a substantial Net Operating Income (NOI) of $228,926. Situated on a sizable 12.05-acre lot at 5363 Augusta Rd, Lexington, SC 29072, this strategically located facility serves as a crucial Curbside Hub for Carvana's operations, combining call center and detailing functions. The lease includes two, 3-year renewal options with 2% annual rent escalations, ensuring consistent income growth. This property offers a secure investment with a proven tenant in a rapidly expanding market. The property's APN is 005497-02-002. The lease commenced on May 4, 2022.
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Carvana Columbia Car Dealership
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
ID · Lexington, SCLexington. Always verify with local authorities before improvements.
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.