NNN Leased Flex Building - Arclabs Welding School

2260 Cherry Rd, Rock Hill, SC

$4,200,000

Price

24,058 sqft

Building Size

2.17 acres

Lot Area

Overview
Building Size
24,058 sqft
Lot Area
2.17 acres
Year Built
1974
Floors
1
Description

24,058 SF masonry flex building fully gutted and rehabbed in 2022 for Arclabs Welding School that offers modern functionality in a high traffic retail area. Located in the thriving Rock Hill area, this property presents a compelling opportunity for investors seeking a high-potential asset in a dynamic market located less than 1 mile from Interstate 77 at Exit 82 and 8 miles south of Charlotte, NC city limits.

Nestled in the vibrant city of Rock Hill, SC, this location offers a dynamic setting with an array of amenities and attractions. The area is known for its thriving business community and diverse range of dining, shopping, and entertainment options.

Highlights
  • 10 year absolute NNN leaseback with 2% annual rent increases
  • Below market lease rate
  • 24,058 SF industrial/flex space in retail area
  • Fully gutted and rehabbed in 2022
  • Versatile GC zoning that allows retail and flex uses
  • Tenant operates 6 locations
Documents
Location