611-621 Harry C Raysor Dr - Freestanding FOR SALE


Saint Matthews, SC 29135
$2,515,000 USD
706-564-8556
611-621 Harry C Raysor Dr, Saint Matthews, SC for Sale
$2,515,000 USD
Freestanding - FOR SALE
1/11
null | 9% Cap Rate

611-621 Harry C Raysor Dr
Saint Matthews, SC 29135


HIGHLIGHTS

  • The Premier Retail Asset of St. Matthews, SC
  • The only grocery store in a 25-minute drive radius
  • Only grocery operator offering fresh produce and full deli sections within the trade area

OVERVIEW

The Premier Retail Asset of St. Matthews, SC The only grocery store in a 25-minute drive radius Only grocery operator offering fresh produce and full deli sections within the trade area Located on Hwy 601 which connects St. Matthews to I-26 The most heavily traveled road in the market Anchored by Piggly Wiggly grocery store with potential term through 2039 96% occupied Upside One small shop vacancy No tenants have more than 4 years left in their base term Minimal slippage All in-place tenants fully reimburse Priced below replacement costs, $87psf

FOR SALE DETAILS

PRICE

$2,515,000 USD

PRICE/SF

$70 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St. Matthews Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

112

LAND DETAILS

LAND ACRES

3.52 AC

LAND SF

153,331 SF

ZONING

-

APN/PARCEL ID

118-14-05-003

ASK ABOUT THIS PROPERTY

Steve CollinsPalomar GroupMore Info
706-564-8556

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Steve CollinsPalomar GroupMore Info
706-564-8556

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