2531 Woodruff Rd - Freestanding FOR SALE


Simpsonville, SC 29681
$6,350,000 USD
864-275-7900
2531 Woodruff Rd, Simpsonville, SC for Sale
$6,350,000 USD
Freestanding - FOR SALE
1/13
null | 6% Cap Rate

2531 Woodruff Rd
Simpsonville, SC 29681


OVERVIEW

Rare opportunity to pick up high-end neighborhood shopping center on Woodruff Road in the Five Forks area of Simpsonville. 100% occupied. NNN leases with annual increases. Management fees included in CAM. Average rent is well below market rates, so potential to increase NOI over the years is strong.

FOR SALE DETAILS

PRICE

$6,350,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Five Forks Promenade

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

127

LAND DETAILS

CROSS STREETS

E Batesville Rd

LAND ACRES

2.65 AC

LAND SF

115,434 SF

ZONING

NC

APN/PARCEL ID

0531.03-01-037.05

ASK ABOUT THIS PROPERTY

Ted Lyerly, CCIMLyerly CommercialMore Info
864-275-7900

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Ted Lyerly, CCIMLyerly CommercialMore Info
864-275-7900

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