400 North Main Street

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400 North Main Street

Hemingway, SC 29554
Asking Price
Contact for price
Asset Type
Convenience Store Retail
Class
Class B

What's Special

New 7 YR Lease I NN <p>• Advance Auto store with long term commitment to the area</p><p>• Strong growth county in South Carolina</p><p>• Rent increases 10% every 5 years in Option Periods</p><p>• Corporate Guaranty by Advance Stores Company, Inc.</p><p>• 8,300 VPD on N. Main Street</p><p>• Located 50 miles from Myrtle Beach, SC</p><p>• S&P BB Investment Grade Credit $8.6 Billion in Sales in Fiscal 2025</p><p>• Perfect 1031 Exchange Property</p><p>• Stock Symbol- AAP (NYSE) As of March 2026 stock is up 30%</p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times