Matthews Logo

Navigation Menu

1312 Springsteen Rd, Rock Hill, SC, 29730

1312 Springsteen Rd

$5,037,000

Key Information

Cap Rate
5.5%
$ per SF
$1,182
Tot. SF
4,260
Lot Size
2.44 Acres
Year Built
2021
Term Remaining
± 10 Years
Type
Retail
NOI
$277,054

Highlights

• High Foot Traffic: Location consistently ranks in the top 1% of 7-Eleven stores nationwide for foot traffic, per Alpha Maps data.
• Recent 2021 Construction: Modern ±4,260 SF building with a single-row canopy and 8 MPDs (16 pumps) on ±2.44 acres.
• NNN Lease: Offering a passive and secure investment.
• Long Term Lease: ±10 Years Remaining on the Base Term with Four, 5-Year Year Options to extend.
• Hedge Against inflation: Built in rental increases, 7.5% every 5 years and at each option period.
• Prime Location: Located on a hard signalized corner with strong visibility.
• Located on Major Highway: The property sits on Hwy 159 & US-21, a vital commuter route.
• Fee Simple: Qualifies for 100% Bonus Depreciation – please consult with a CPA.
• Easy Access: Entrances are located on both cross streets.
• Stable and Recession Resistant Industry: As a 7-Eleven convenience store and fuel station, the property operates within an essential retail sector that benefits from consistent consumer demand and demonstrates resilience across various economic cycles.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 105710, 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203