Listed by Sperry Commercial
$585,000
102 W Shockley Ferry Rd
Details
APN 1231002005
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 1,365
Units 1
Cap Rate 8.86%
NOI $51,851
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3.2
Lease Expiration 10/31/2027
Remaining Term 1.3
Rent Bumps Yes
Lease Options 2 X 3-year
Year Built 1975
Year Renovated 2024
Stories 1
Lot Size (SqFt) 33,458
Parking Spaces 30 spaces
Parking Per SqFt 21.98
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 08/14/2024
Ground Lease No
Ownership Fee Simple
QSR property across from very busy Burger King. Perfect for Fried Fish, Asian or Hispanic Cuisine.
Marketing description
1,365 SF Quick Service Restaurant with Drive-thru located in Anderson SC. 30+ Parking spaces with two curb cuts.
Former Churches Chicken recently operating as a Burger Restaurant.
FF&E is included in AS-IS condition.
This area surrounding the property in Anderson, South Carolina, offers a perfect blend of business and leisure. With Burger King and La Unica Supermarket located directly across the street, investors can capitalize on the city's economic growth and business opportunities. Anderson also boasts a vibrant downtown, with a variety of dining, shopping, and entertainment options. Additionally, the area is home to several local parks, providing opportunities for relaxation and recreation. The property's proximity to major roadways and public transportation hubs makes it an ideal location for an Office / Office Building investment, offering accessibility and convenience for both employees and visitors.
Investment highlights
- Highly visible location
- Quick service setup for restaurant
- Drive-thru capability
- Two restrooms for customer convenience
- Walk-in cooler for storage
- Walk-in freezer for perishable items
Listing Contacts
Listed by Sperry Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$51,851.00
$4,320.92/mo
Valuation Metrics
0
DSCR
8.86%
Cap Rate
8.86%
ROI
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