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1321 WILSON RD Newberry SC 29108-3061

[Locked] • APN 342-2-7-23

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Details
Property Type Retail
Sub Type Convenience Store, Storefront
Building SqFt 3,224
Lot SqFt 29,443
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code GC
Year Built 2006
Building Count 1
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Mortgage Amount ******
Interest Rate ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Storefront, Convenience Store
Marketing Description
Approximately 2,604 SF convenience store/gas station on approximately 1 AC of land near the intersection of Winnsboro and Wilson Roads.Two access points via Wilson Road and Bay StreetProperty is zoned: GC (General Commercial) City of NewberryArea Businesses include Newberry College, Piedmont Tech, Newberry High School, Newberry Hospital, Lowes, and WalmartTraffic Count: +/-16,300 VPD
Property Type
Property Type
Retail
Property Subtype
Convenience Store, QSR/Fast Food
Asking Details
Asking Cap Rate
******
Marketing Description

Marcus & Millichap is pleased to present for sale this 2,604 square foot Marathon Gas Station located at 1321 Wilson Rd. in Newberry, South Carolina. The property has an Absolute Triple Net Lease with no Landlord responsibilities and 18 years remaining on the lease. Newberry is a city in Newberry County, South Carolina in the central piedmont area of South Carolina with a population over 10,585. This property is conveniently located at the corner of Highway 76 and 34. The City of Newberry has a thriving local economy with manufacturing, agriculture, timber products, textiles and food processing. Major employers in Newberry include Kraft Heinz Foods, Newberry County School District, Newberry County Memorial Hospital and Georgia Pacific.

Numerous apartment complexes surround this Marathon Gas Station including Regency Woods Apartments with 40 Rented Units, Indian Land Apartments with 53 Rented Units, Brookside Manor with 42 Rented Units, Newberry Senior Housing and Oakland Mill Apartments.

Also nearby this Marathon Property is Piedmont Technical College with 5,315 enrolled students and Newberry College with 1,237 enrolled students.

Nearby tenants include McDonald’s, Starbucks, Dunkin Donuts, Hardees, CVS, Popeye’s and Pizza Hut.

Marathon Petroleum Company was founded in 1887 when small oil companies banded together to form The Ohio Oil Company which evolved into Marathon Petroleum. Today Marathon is a publicly traded company with 6,900 independently owned retail outlets and 1,100 direct dealer locations and the company is headquartered in Findlay, Ohio.

Investment Highlights

■ 2,604 Square Foot Marathon Gas Station Located in Newberry, South Carolina (Population 10,585) Conveniently Located at The Corner of highway 76 and 34

■ Major Employers in Newberry Include Kraft Heinz Foods, Newberry County School District, Georgia Pacific and Newberry County Memorial Hospital

■ Numerous Apartment Complexes Surround this Marathon Property Including Regency Woods Apartments, Indian Land Apartments, Brookside Manor Apartments, Newberry Senior Housing and Oakland Mill Apartments

■ Colleges and Universities Neaby this Marathon Property Include Piedmont Technical College with 5,315 Enrolled Students and Newberry College with 1,237 Enrolled Students

■ Nearby Tenants Include McDonalds, Starbucks, Dunkin Donuts, Hardees, CVS, Popeye’s and Pizza Hut

■ Marathon Petroleum Company was Founded in 1887 and Today has 6,900 Independently Owned Retail Outlets and 1,100 Direct Dealer Locations and is Headquartered in Findlay, Ohio

Sale Date
******
Sold Price
******
Buyer Borrower 1 Name
******
Document Type
******
Recording Book
******
Recording Page
******
Resale Flag
******
Seller 1 Corp Indicator
******
Transaction Type
******
Seller 1 Name
******
Sold By
******
Sold To
******
Property Type
Property Type
Retail
Property Subtype
Gas Station
Marketing Description

- ±2,604 SF convenience store/gas station on ±1 AC of land near the intersection of Winnsboro and Wilson Roads.

Investment Highlights
  • Two access points via Wilson Road and Bay Street
  • Property is zoned: GC (General Commercial) City of Newberry
  • Area Businesses include Newberry College, Piedmont Tech, Newberry High School, Newberry Hospital, Lowes, and Walmart
  • Traffic Count: ±16,966 vpd
  • Sale Price: $650,000

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
MB
Michael Branch PRO
•••.•••.3768
•••anch@•••••••••••••.com
Brokerage logo
Sold on
 BY:
GB
Gabriel Britti PRO
•••.•••.7017
•••••ti54@•••••.com
Brokerage logo
Sold on
 BY:
RI
Ronnie Issenberg
•••.•••.7000
••••••••berg@•••••.com
Brokerage logo
Sold on
 BY:
RE
Ricardo Esteves PRO
•••.•••.7949
•••••••.•••eves@•••••••••••••••.com
Brokerage logo

Map

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