200 Spartanburg Hwy - Storefront FOR SALE


Lyman, SC 29365
$3,300,000 USD
864-568-5102
200 Spartanburg Hwy, Lyman, SC for Sale
$3,300,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

200 Spartanburg Hwy
Lyman, SC 29365


OVERVIEW

Reedy Commercial is pleased to present a stabilized multi-tenant retail center investment opportunity in the growing market of Lyman, SC. The Lyman Center benefits from being positioned on 5 acres located on the main thoroughfare of Lyman’s retail corridor. The mix of national and long term, local tenants make this property ideal for any investor. The seller has transformed the property by adding a new roof in 2023, converting 10,000 sqft into a Dollar Tree, and bringing a new gym franchise to the 16,000 sqft vacancy to draw even more foot traffic to this bustling center. With NNN leases and rents at market rates, this is an ideal purchase for a buyer that is looking for a 1031 exchange or a stabilized investment without the hassle of capital improvements needed at purchase. Location Description: Lyman, South Carolina, offers a compelling growth story in the heart of the Upstate region, just a short drive from Greenville-Spartanburg and key transport corridors. With its history rooted in industry and a current identity as a rising suburban node, Lyman appeals to investors looking for markets with both character and forward momentum. The town’s proximity to major highways and its access to broader regional infrastructure make it a practical choice for commercial development, distribution, or flexible use assets. From an investment perspective, Lyman represents opportunity at the intersection of affordability and expansion. As its residential base increases, commercial demand follows; be it retail, service, or mixed-use. Local leadership supports growth initiatives, and the town strikes a balance between suburban calm and accessibility to larger metros. For a commercial investor seeking a secondary market with upside, Lyman presents a strategic alternative to more congested metro zones.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$121 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lyman Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.99 AC

LAND SF

217,364 SF

ZONING

GBD1

APN/PARCEL ID

5-15-07-120.01

ASK ABOUT THIS PROPERTY

Ellice NiedrachReedy Property GroupMore Info
864-568-5102

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Ellice NiedrachReedy Property GroupMore Info
864-568-5102

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