Batteries Plus – Rock Hill, SC

Batteries Plus
2215 Cherry Rd, Rock Hill, SC 29732, USA

Sands Investment Group is pleased to exclusively offer for sale the 2,857 SF Batteries Plus NN Asset located at 2215 Cherry Road in Rock Hill, SC. This investment benefits from a strategic Publix outparcel location with strong visibility, accessibility, and established national retail co-tenancy. The property offers meaningful rental upside, with current rent of just over $23 PSF compared to estimated market rents of $26 – $30 PSF, representing approximately 13%–30% potential growth upon renewal.

  • Publix Outparcel Location: The property is strategically positioned on a Publix outparcel, offering strong visibility, accessibility, and proximity to an established grocery-anchored retail center, while benefiting from an area surrounded by a strong mix of national retailers.
  • Below-Market In-Place Rent: Batteries Plus currently pays just over $23 PSF, compared to estimated market rents of $26 – $30 PSF, creating an opportunity of $3–$7 PSF or approximately 13%–30% potential rent growth upon renewal.
  • Signalized Intersection Exposure: The property benefits from being adjacent to a signalized intersection, providing enhanced visibility, accessibility, and convenient ingress/egress for customers.
  • Strong Traffic Counts: Cherry Road benefits from approximately 32,000 VPD. Located 0.6 miles from I-77, providing convenient connectivity to the broader Rock Hill market and the Charlotte Metropolitan Area.
  • Part of a 5-Property Portfolio: This property is 1 of 5 locations under common ownership; an opportunity to acquire multiple locations may be available. Contact the broker for additional information.

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

Batteries Plus
2215 Cherry Rd, Rock Hill, SC 29732, USA

Batteries Plus

Batteries Plus is the nation’s largest and fastest-growing battery, lighting, cell phone repair, and key fob replacement franchise, with 800+ locations nationwide. Founded in 1988, the company provides batteries, lighting solutions, device repair, key cutting, and other power-related services to consumers and businesses. Its combination of national scale and locally owned stores has established Batteries Plus as a trusted provider of specialized power and lighting solutions.

Price

$1,120,462

Cap Rate

6.05%

PREMISES

2,857 SF

YEAR BUILT

1999

RENEWAL OPTIONS

1 x 5 Year

Lease Expiration

06/01/2030

Lease Type

NN

RENTAL INCREASES

2% Every 3 Years

BROKERS

Kelly Parrish
Fort Lauderdale
Jacob Strahler
Fort Lauderdale
Jessica Harris
Fort Lauderdale

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