US Auto Sales - Spartanburg, SC
$1,863,000
1423 Asheville Highway, Spartanburg, SC 29303
For Sale
Retail
Free Standing
Active
Last Updated: 06/09/2021
7.5
Cap Rate
139,727
NOI
Details:
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: 11,500
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
Description:
Broker of Record
Ben Yelm
Lic.# 86628
Documents:
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OM_2_-_US_Auto_Sales__Spartanburg__SC_.pdf
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Location
Gallery
