724 Cherry Rd - Auto Repair FOR SALE


Rock Hill, SC 29732- Cherry Park
$2,608,696 USD
914-403-7574
724 Cherry Rd, Rock Hill, SC for Sale
$2,608,696 USD
Auto Repair - FOR SALE
1/3
null | 5.75% Cap Rate

724 Cherry Rd
Rock Hill, SC 29732
Cherry Park


HIGHLIGHTS

  • Excellent Corporate Guarantee from Leading Tire Retailer
  • Proximity to Winthrop University
  • Excellent Frontage on Cherry Rd
  • Excellent Demographics with Strong Growth Trends

OVERVIEW

Surmount is pleased to present the exclusive listing for a Mavis Tires & Brakes located at 724 Cherry Road, Rock Hill, SC 29732. The site consists of roughly 6,850 rentable square feet of building space on an estimated .66-acre parcel of land. Mavis Tires & Brakes is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $150,000 and has scheduled increases of 5.00% Every 5 Years.

FOR SALE DETAILS

PRICE

$2,608,696 USD

PRICE/SF

$414 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mavis Tires & Brakes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,750 SF

ZONING

GC

APN/PARCEL ID

6290902020

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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