1410 Old Springdale Rd - Restaurant FOR SALE
Rock Hill, SC 29730 |
$3,400,000 USD
214-295-8753
1410 Old Springdale Rd
Rock Hill, SC 29730
HIGHLIGHTS
- Trophy Location: The Property offers a rare opportunity to enter one of Rock Hill’s most sought-after retail corridors
- Early 5-Year Extension: The tenant has proactively exercised an early 5-year lease extension, demonstrating strong commitment to the site
- Strong Traffic Counts: Positioned on the hard, signalized corner of Dave Lyle Blvd and Galleria Blvd
- Built-In Rent Growth: The lease structure includes 2% annual rent increases, providing predictable income growth and enhancing long-term cash flow
- Charlotte, NC MSA: Rock Hill is a rapidly growing suburb within the Charlotte MSA, located just 30 minutes south of downtown Charlotte
- Strong Population Growth: Rock Hill has experienced steady population growth over the past decade, driven by its proximity to Charlotte
FOR SALE DETAILS
PRICE
$3,400,000 USD
PRICE/SF
$621 USD /SF
CAP RATE
5.98%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Ruby Tuesday
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
64
LAND DETAILS
LAND ACRES
0.83 AC
LAND SF
36,155 SF
ZONING
CC
APN/PARCEL ID
6670101070
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-295-8753
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
214-295-8753
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
