Listed by McCoy Wright Commercial Real Estate
$779,000
205 Drayton St.
Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 300
Units 1
Tenancy Single
Buildings 1
Stories 1
Retail | 300 SqFt
Marketing description
Investment Opportunity in the bustling Pendleton market! Available for sale is a +/- 300 SF standalone building leased to Outsider Coffee, a thriving drive-thru only coffee concept that opened in the spring of 2024 and has been a staple in the Pendleton market ever since. The tenant has 9 years remaining on their initial lease with 4 renewal options; each renewal is a 5-year period. Net Operating Income = $56,000.04, CAP Rate 7.19%.
Located near the corner of Hwy 76 and Hwy 187, the two main gateways to Clemson University, and right in the heart of all the new development going in Pendleton, 205 Drayton St. is a turnkey investment property available for sale at $779,000. Contact the Listing Broker for more details.
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Listed by McCoy Wright Commercial Real Estate
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