1500 W Main St - Retail FOR SALE
Laurens, SC 29360 |
1500 W Main St
Laurens, SC 29360
HIGHLIGHTS
- Well-located center providing convenient access from Highway 76 and Reedy Fork Road.
- An investor will be able to realize significant organic NOI growth through built-in annual rental escalations.
- The former grocery tenant (Bi-Lo) has vacated and gone dark but will continue to pay on their lease until 2/22/2022.
- There is the opportunity to add outparcels, which are owned by others.
- Solid value-add opportunity with extensive CapEx invested in the form of LED parking lot lights and parking lot resealing and striping.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Western Square
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
86764
STORIES
1
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
439
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
906-04-01-066
