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O'Reilly Auto Parts: Saluda, SC 110 Travis Avenue

7,000 SF 100% Leased Retail Building Saluda, SC 29138 $2,092,187 CAD ($299 CAD/SF) 6.25% Cap Rate

Retail Space South Carolina Saluda 110 Travis Avenue, Saluda, SC 29138

Investment Highlights

  • Net Lease with Renewal Options
  • Only O'Reilly Auto Parts Location for 16 Miles
  • Nearly 2,500 Households within 5 Miles of the Site | Built-In Customer Base
  • 6% Rent Increase in November 2032 & in Each of the Four, 5-Year Renewal Options
  • Recent Construction | 2022
  • Columbia, SC MSA (Population: 838,250)

Executive Summary

The CBRE Net Lease Property Group is pleased to offer for sale the 7,000-square-foot O’Reilly Auto Parts situated on 1.68 acres in Saluda, South Carolina—part of the Columbia, South Carolina MSA (Population: 838,250). O’Reilly’s net lease features ±13.0 years of primary term remaining with a 6% rent increase in November 2032 and in each of the four 5-year renewal options. Completed in 2022, this O’Reilly location is the only store for 16 miles. The next closest location is in Leesville, South Carolina.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
7,000 SF
Year Built
2022
Price
$2,092,187 CAD
Price Per SF
$299 CAD
Cap Rate
6.25%
NOI
$130,762 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Land Acres
1.68 AC
Parking
4.57 Spaces per 1,000 SF Leased
1 of 1
  • Christopher Bosworth
    Christopher Bosworth
  • Brian Pfohl
    Brian Pfohl
  • Thomas Carr
    Thomas Carr
  • Kaitlyn Wolf
    Kaitlyn Wolf
  • Mike Burkard
    Mike Burkard
  • Leah Lindell
    Leah Lindell
  • Abby Kelly
    Abby Kelly
(404) 923-1486

  • Listing ID: 29878630

  • Date on Market: 2023-10-25

  • Last Updated:

  • Address: 110 Travis Avenue, Saluda, SC 29138

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O'Reilly Auto Parts: Saluda, SC | 110 Travis Avenue
(404) 923-1486 x

O'Reilly Auto Parts: Saluda, SC | 110 Travis Avenue

1/7

Christopher Bosworth

(404) 923-1486

(404) 923-1486

Brian Pfohl

(404) 504-7900

(404) 504-7900

Thomas Carr

(404) 812-5101

(404) 812-5101

Kaitlyn Wolf

(404) 812-5299

(404) 812-5299

Mike Burkard

(704) 331-1205

(704) 331-1205

Leah Lindell

(404) 812-5136

(404) 812-5136

Abby Kelly

(404) 923-1460

(404) 923-1460

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