438 438 Hwy - Retail FOR SALE


Greenwood, SC 29649
$4,483,000 USD
480-221-4221
438 438 Hwy, Greenwood, SC for Sale
$4,483,000 USD
Retail - FOR SALE
1/8
null | 6% Cap Rate

438 438 Hwy
Greenwood, SC 29649


HIGHLIGHTS

  • Brand New Construction | Options To Extend | Brand New Leases
  • NNN Leases | Fee Simple Ownership | Limited Landlord Responsibilities
  • Direct Residential Consumer Base | Strong National/Credit Tenant Presence
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Chipotle and Mattress Warehouse multi-tenant investment property located in Greenwood, South Carolina. The strategically positioned building features NNN leases with 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The NNN lease structure limits expense slippage for future owners, ensuring a predictable and low-risk investment profile. Both leases are corporately guaranteed. Chipotle and Mattress Warehouse are slated to open in Q1 2026.

FOR SALE DETAILS

PRICE

$4,483,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle & Mattress Warehouse | 2025 Constr

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

PDD

APN/PARCEL ID

6846-234-676

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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