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3467 Five Chop Rd
Orangeburg, SC 29115

7-Eleven | 13+yrs Remain Abs NNN Grd Lse · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Over 13 Years Remaining on Lease | Corporate Signed | Scheduled Rental Increases | Brand New Construction
  • Five Chop Road (15,000 VPD) | Interstate 26 (55,200 VPD) |Interstate 95 (40,100 VPD) | Strong Import/Export Area | Strong Manufacturing State
  • 24-Pump Gas Station | Truck Stop Gas Pumps
  • Absolute NNN | Leased Fee Ownership | Large Parcel Space | Zero Landlord Responsibilities
  • South Carolina State University | Orangeburg Municipal Airport | Growing Industrial Market | National/Credit Tenant (S&P: A)
  • Demographics in 5-Mile Trade Area | Strong County Population

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, 7-Eleven investment property located in Orangeburg, South Carolina. The tenant, 7-Eleven, Inc has over 13 years remaining on their lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. This is a rare, amended ground lease in which $3.6MM of Landlord contributions are depreciable (speak with Agent for details). 7 Eleven is the world’s largest convenience store chain with more than 85,000 stores in 20 countries, and over 80 billion in revenue

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
4,050 SF
Building Class
B
Year Built
2023
Price
£5,267,218
Price Per SF
£1,301
Net Initial Yield
5.30%
NOI
£279,165
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
5.00 AC
Zoning
Commercial
Parking
60 Spaces (14.81 Spaces per 1,000 SF Leased)

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0236-00-05-005.000
  • 0236-00-05-023
Land Assessment
£52,829
Improvements Assessment
£0
Total Assessment
£52,829
  • Listing ID: 34965028

  • Date on Market: 27/02/2025

  • Last Updated:

  • Address: 3467 Five Chop Rd, Orangeburg, SC 29115

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