1831 Cannons Campground Rd - Freestanding FOR SALE


Spartanburg, SC 29307- Drayton
$1,249,750 USD
813-725-2182
1831 Cannons Campground Rd, Spartanburg, SC for Sale
$1,249,750 USD
Freestanding - FOR SALE
1/3
null | 8% Cap Rate

1831 Cannons Campground Rd
Spartanburg, SC 29307
Drayton


HIGHLIGHTS

  • Corporate guaranteed NN+ lease with Family Dollar, providing secure income and minimal landlord responsibilities.
  • Prime hard-corner location at signalized intersection with ±21,700 vehicles per day for maximum visibility.
  • Built-in rent growth with six 5-year options and 5% increases at each extension period.
  • Located in Spartanburg, a rapidly growing market with $3.5B in new capital investments and 1,000+ new jobs.
  • Across from Spartanburg Medical Center—Mary Black Campus, a major 747-bed healthcare facility.
  • ±8,320 SF building on ±1.51 acres with a price of $1,249,750 and 8.00% cap rate.

OVERVIEW

Kyle Matthews Matthews Real Estate Investment Services, Inc License # 22684, 105710 (SC) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,249,750 USD

PRICE/SF

$150 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

gc

APN/PARCEL ID

7-09-06-048.00

ASK ABOUT THIS PROPERTY

Princeton DouglassMatthews Real Estate Investment ServicesMore Info
813-725-2182

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Princeton DouglassMatthews Real Estate Investment ServicesMore Info
813-725-2182

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.