7801 Warren H Abernathy Hwy Spartanburg, SC 29301-2566

This exceptional investment opportunity presents a brand-new, 2,824 square foot convenience store and gas station located at 7801 Warren H Abernathy Hwy, Spartanburg, SC 29301. The property boasts a 20-year lease commencing October 4, 2024, and expiring October 6, 2044, with 4, 5-year renewal options. The tenant, a well-known and established national brand, Murphy Oil USA, occupies the entire space at 100% occupancy, providing a stable and predictable income stream. The property features 12 gas pumps, ensuring high traffic and sales volume. The asking price is $3,143,000, representing a compelling 5.25% cap rate based on a Net Operating Income (NOI) of $165,000. This is an absolute NNN ground lease, meaning zero landlord responsibilities. The property sits on a 1.12-acre lot and benefits from excellent visibility and access, situated along U.S. Highway 29, near major shopping centers, and surrounded by a strong residential consumer base. The property's APN is 6-2007-08200 & 6-2007-08300, and it is zoned ULMO. Built in 2024, this property offers a secure, long-term investment with built-in rental increases. This is a turnkey investment with minimal management requirements.