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400 N Main St 7,000 SF Retail Building Hemingway, SC 29554 $1,646,217 CAD ($235.17 CAD/SF) 6.65% Cap Rate
Investment Highlights
- Advance Auto store with long term commitment to the area
- Rent increases 10% every 5 years in Option Periods
- 8,300 VPD on N. Main Street
- Strong growth county in South Carolina
- Corporate Guaranty by Advance Stores Company, Inc.
Executive Summary
NN Investment Advance Auto Parts Store
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built
2006
Price
$1,646,217 CAD
Price Per SF
$235.17 CAD
Cap Rate
6.65%
NOI
$109,521 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.20 AC
Zoning
commercial
Parking
40 Spaces (5.71 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 08-015-115 | Improvements Assessment | $29,646 CAD |
| Land Assessment | $1,442 CAD | Total Assessment | $31,088 CAD |
Property Taxes
Parcel Number
08-015-115
Land Assessment
$1,442 CAD
Improvements Assessment
$29,646 CAD
Total Assessment
$31,088 CAD
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400 N Main St
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