2729 E Palmetto - Freestanding FOR SALE


Florence, SC 29506
$11,800,000 USD
408-282-3829
2729 E Palmetto, Florence, SC for Sale
$11,800,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

2729 E Palmetto
Florence, SC 29506


OVERVIEW

2023 conversion property in late stage lease-up Opportunity to expand with parking immediately Additional expansion around the perimeter at buyer discretion Rent Income increased 30.1% over the past 12 months Asking rents are only 78% of competitive rental rates No competitors within 3-miles, 6 within 5 miles Strategic location located on major corridor (US-52) Close proximity to McLeod Health and Honda of South Carolina

FOR SALE DETAILS

PRICE

$11,800,000 USD

PRICE/SF

$170 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Extra Space Storage (3PM)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

CROSS STREETS

Marion Hwy.

LAND ACRES

8.64 AC

LAND SF

376,358 SF

ZONING

c

APN/PARCEL ID

90152-01-003

ASK ABOUT THIS PROPERTY

Thomas de JongColliersMore Info
408-282-3829

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Thomas de JongColliersMore Info
408-282-3829

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