76 Gas Station

800 Highway 28 Bypass, Anderson, SC 29624

$1,248,480

Cap Rate 7.50%

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DOM: 218 Updated: 02.26.25 Posted: 02.26.25 Status: Active 02.27.25

Summary

Price $1,248,480	Built/Renov 1999	Tenant 76 Gas Station
Cap Rate 7.50%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 1,982	Lease Start 08-12-2022	#Units 1
Price/SF $629.91	Expiration 08-31-2042	Tenant Type Convenience/Gas
NOI $93,636	R. Term 16.11	Ownership Fee Simple
Rent/SF $629.91	Increases 2.0%/1/yrs	Pop 5Mi 71,344
Lot/AC 0.05	Options 4/5yrs/2%	AHHI 5Mi $680,700

Highlights

Corporate Guaranteed Absolute NNN Lease with 17 years remaining with 2% annual rent increases.
Recently Renovated station with new gas pumps, canopy, and upgraded 76 branding.
Prime Location Off HWY 28 with over 22,000 vehicles per day.
High-Traffic Retail Area surrounded by national tenants including Walmart, KFC, ALDI, and more.
Strong Fuel Partnerships with 76, Valero, Exxon, Mobil, and others.

Location Description

The City of Anderson is located in the northwest corner of the state of South Carolina on the Piedmont Plateau. The City of Anderson is the county seat and the largest municipality in the county. The City is ideally located on the busy Interstate 85 corridor, to which much of its economic growth can be attributed. Anderson County, South Carolina lies midway between Atlanta, Georgia and...

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Key Features

Build to suit
Near major nationals
Strategically located
Highway location
Top 100 MSA
Long 15+ yr lease
Accelerated depreciation
Traded and rated company
Investment grade tenant

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Links

76 Gas Station Wikipedia Anderson,South Carolina Zip Code 29624 Brokers Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: 76 Gas Station
Guarantor:Corp T and Rated
Company:Phillips 66
# Units:1
Tenant S&P: BBB
Moody’s: Baa2
Stock: NYSE:PSX

About Tenant

Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,982 SF 76 Gas Station Located at 800 Highway 28 Bypass in Anderson, SC. This Deal Includes a Corporate Guaranteed Absolute...

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Demographics

	1 Miles	3 Miles	5 Miles
2030 Total Population :	3,353	34,171	70,813
2025 Total Population :	3,303	33,696	69,633
2025 Employed Civilian Pop :	1,347	14,109	30,717
2025 Total Businesses :	150	1,717	3,050
2025 Average Household Income :	$ 44,883	$ 59,835	$ 75,253
2025 Total Consumer Spending :	$ 59 M	$ 743 M	$ 1933 M
2025 Median Age :	43	39	40
2025 Total Households :	1,482	14,012	29,178
2025 Pop Age 25+: Bachelor's Degree :	166	2,847	7,900
2025 Average Home Value :	$ 143,053	$ 187,626	$ 259,574

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Lewis Street	Dianna St	2022	2,300	0.13 mi
State Highway 28	Greentree Cir	2022	23,200	0.25 mi
State Highway 28	Joey St	2021	24,600	0.25 mi
West Market Street	47	2022	6,800	0.46 mi
West Market Street	Gunter St S	2021	4,600	0.50 mi
Monitor Drive	Hazelwood Dr	2021	1,950	0.58 mi
Dobbins Bridge Road	Edwards Dr	2022	4,200	0.58 mi
West Whitner Street	Glenn St	2021	9,400	0.75 mi
Southwood Street	Dora St	2021	1,900	0.79 mi
Southwood Street	415	2022	2,200	0.79 mi

Listing Broker

Esperanza Sierra

Sands Investment Group

Contact

2 Listings
3790 Views
0 Sold

Chris Sands

Sands Investment Group

Contact

10 Listings
5264 Views
3 Sold

Esperanza Sierra

Sands Investment Group specializes in the buying and selling of investment properties for private institutions and investors nationwide. Our brokers are experts in their product type, from restaurants to retail and everything in between. Our company of distinguished experts in all aspects of investment properties bring a proven track record to the table with over 4,100+ transactions in 48 states and $8.0 Billion in commercial real estate transactions—and counting.

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Chris Sands

In 2010 Chris set out to form Sands Investment Group, a firm that would focus on buying and selling net lease properties. His vision was to lead a highly specialized and knowledgeable company able to provide clients with a level of service unprecedented in the industry. A few short years later, the result is one of the fastest growing and most successful net lease companies in the country, with advisors that are among the most distinguished and sought after in the industry. Born and raised in

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Clifton McCrory

Sands Investment Group

Contact

37 Listings
9860 Views
6 Sold

Jake Mahon

Sands Investment Group

Contact

3 Listings
3124 Views
0 Sold

Clifton McCrory

Sands Investment Group is a commercial real estate brokerage firm that specializes in the buying and selling of investment properties for private investors and institutions across the United States. Since its founding in 2010, SIG has closed over 4,100 plus transactions worth more than $8 Billion in 48 states. Advisors with the company currently have over $1.4 billion in active inventory. As a leader in the industry, SIG was first to offer true sub-product type specialization. The firm’s experi

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Jake Mahon

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John Brown

Sands Investment Group

Contact

6 Listings
4194 Views
1 Sold

Zach Passman

Sands Investment Group

Contact

5 Listings
3612 Views
1 Sold

John Brown

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Zach Passman

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PROPERTY/LOT

IMMEDIATE LOCATION

AREA LOCATION

TENANT ATTRIBUTES

INVESTMENT/GUARANTOR

76 Gas Station

800 Highway 28 Bypass, Anderson, SC 29624