NNN First Horizon Bank Ground Lease | Spartanburg, SC
$1,445,200
2680 Reidville Road, Spartanburg, SC 29301
6.25
Cap Rate
90,325
NOI
Details:
Description:
*Freestanding Retail Building with dedicated parking and prominent frontage
*25-year Occupancy History at this site - operating here since 2000
*This branch, with an ATM, is one of two FHN branches in the entire Spartanburg, SC market
*15% Rental Increases in each of two (2) 5-year remaining option periods
*Household Income exceeds $105,266 Within a 1- Mile Radius of Site
*Population Over 86,046+ Within 5 Miles
*Spartanburg is the second-fastest-growing city in South Carolina, located within the Greenville CSA—the state’s largest, with over 1 million residents—and is anchored by major employers including BMW, Michelin, Denny’s headquarters, and Spartanburg Regional Healthcare System.
*Conveniently located approximately 1 miles to Interstate 26 and 5 miles to Downtown Spartanburg
Documents:
| Title | ||
|---|---|---|
|
First_Horizon_-_Spartanburg__SC_Flyer.pdf
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Location
Gallery
