US Auto Sales - Spartanburg, SC

1423 Asheville Highway, Spartanburg, SC

   SOLD!   

$1,863,000

Price

7.5%

Cap Rate

$139,727

NOI

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Street
Map
Overview
Cap Rate
7.5%
NOI
$139,727
Lot Area
4.89 acres
Lease Type
Triple Net
Year Built
1979
Year Last Renovated
2017
Gross Leaseable Area
11500
Description

Broker of Record
Ben Yelm
Lic.# 86628

Highlights
  • 15+ Years Remaining With 2% Annual Increases
  • Absolute NNN Lease With No Landlord Responsbilities
  • Corporate Guaranty With 25 Locations, Annual Revenue Exceeds $324 Million
  • Block Construction, Renovated In 2017 Including A New Roof
  • Serving 93,120 Residents in Established Trade Area
  • Strong Daytime Population – 61,291 Employees Within 5 Miles
  • 1.5 Miles From Spartanburg Medical Center With 93,000+ Visits Annually
Documents
Title
OM_2_-_US_Auto_Sales__Spartanburg__SC_.pdf
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Location
Gallery