3216 E Palmetto St - Freestanding FOR SALE


Florence, SC 29506
$1,331,000 USD
949-777-5984
3216 E Palmetto St, Florence, SC for Sale
$1,331,000 USD
Freestanding - FOR SALE
1/2
null | 8% Cap Rate

3216 E Palmetto St
Florence, SC 29506


HIGHLIGHTS

  • Quality Construction – Built in 2013, the property was constructed to national retail standards
  • Long-Term Lease with Built-in Rent Growth – There are ±3 years remaining on an original 15-year lease
  • High-Visibility Retail Corridor – Situated along E. Palmetto St. (U.S. Highway 76), one of Florence’s primary east–west commercial arteries
  • The property is surrounded by a dense concentration of national retailers, including Walmart, Lowe’s, Food Lion, CVS, and Walgreens

OVERVIEW

Kyle Matthews License # 22684 (SC) Matthews Real Estate Investment Services 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,331,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

CMU

APN/PARCEL ID

90160-01-023

ASK ABOUT THIS PROPERTY

Brandon PerezMatthews Real Estate Investment ServicesMore Info
949-777-5984

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Brandon PerezMatthews Real Estate Investment ServicesMore Info
949-777-5984

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