2726 Wade Hampton Blvd - Bank FOR SALE


Greenville, SC 29615- Eastside
$2,778,000 USD
980-498-3293
2726 Wade Hampton Blvd, Greenville, SC for Sale
$2,778,000 USD
Bank - FOR SALE
1/4
null | 4.5% Cap Rate

2726 Wade Hampton Blvd
Greenville, SC 29615
Eastside


HIGHLIGHTS

  • HIGH PROFILE SITE IN HEALTHY TRADE AREA
  • HIGH GROWTH UPSTATE SC AREA
  • INVESTMENT GRADE TENANT

OVERVIEW

STRONG LEASE FUNDAMENTALS - 10% rent increase every 5 years and during options periods - Absolute NNN Ground lease providing no Landlord Responsibilities - Three (3) - Five (5) year option periods INVESTMENT GRADE TENANT - Corporate Guaranty from Investment Grade Tenant - JP Morgan has a Market Cap of $360B (NASDAQ: JPM) with over 5,600 locations across the country - S&P rating of AA1 HIGH PROFILE SITE IN HEALTHY TRADE AREA - Fronting highly trafficked Wade Hampton Blvd (35.1K VPD) - Over 1MSF of Retail Space in 1 -mile radius, boasting a 0.9% vacancy rate - Directly across the Street is Hampton Village, a top performing, Publix Anchored, Neighbor Center in the Country - over 2.2M visits in trailing 12 months - Nearby Retailers include: Walmart Supercenter, Publix, Ingles, and Starbucks STRONG SURROUNDING DEMOGRAPHICS - Within a 3-mile radius of the site there are more than 65K people that are part of the built in customer base - With a short drive to downtown Greenville, SC this site benefits from tailwinds of the Greenville-Spartanburg area HIGH GROWTH UPSTATE SC AREA - Over 25+ colleges and university in the Upstate region providing ~28K graduates to the workforce each year - Greenville, SC has had $11B of capital investment in the trailing 3 years - 13.5% population growth since 2014 NEW CONSTRUCTION - Tenant is constructing the building to with their newest store prototype to suit their operational needs

FOR SALE DETAILS

PRICE

$2,778,000 USD

PRICE/SF

$829 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

53,802 SF

ZONING

-

APN/PARCEL ID

P015.09-01-033.00

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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