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Brand New Starbucks

$2,856,000

914 East Main Street, Laurens, SC 29360

Active
Last Updated: 12/03/2024

5.5

Cap Rate

157,100

NOI

Details:
Cap Rate:    5.5%
NOI:    $157,100
Building Size:    2,281 sqft
Lot Area:    1 acres
Occupancy:    100%
Class:    A
Lease Type:    Double Net
Year Built:    2023
Zoning:    commercial
Tenancy:    Single
Parking Spots:    30
Roof:    15 year warranty
HVAC:    Tenant Responsibility
Floor:    1
Lease Expire Year:    2033
Highlights:
  • No Early Termination Clause
  • Tenant Responsible for all Landscaping and HVAC
  • Brand New Construction
  • County hospital is 2.5 miles away
  • Located between a Super Walmart and a Chicfil-A
Description:

This Starbucks is open and paying rent. It has a 10 year NN+ corporate guaranteed lease with no early termination clause.

The City of Laurens is located in the Upstate of South Carolina. It is the county seat of Laurens County. Within a quarter mile of the location there is a Chick-fil-A, Walmart, Tractor Supply, Sonic, Taco Bell, Wendy’s, Dollar General, Pizza Hut, Belk, Walgreens and an Ingles grocery store. Within a half of a mile there is a Zaxby’s, Arby’s, Verizon, T-Mobile and an Aldi. The Laurens County Hospital, which is a 90 bed hospital, is located 2.5 miles way.

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Documents:
Title
Laurens__SC_-_Starbucks_OM.pdf
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Today's Available Mortgage Rates

914 East Main Street, Laurens, South Carolina 29360

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 08/01/2025
BankLender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$10,449 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 57% LTV $0 Lender fees
Loan Amount $1,627,920 Loan Amount
Details
BankLender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$10,393 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,599,360 Loan Amount
Details
BankLender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$10,304 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,570,800 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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