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671 Spartanburg Hwy 5,904 SF 100% Leased Retail Building Hendersonville, NC 28792 $1,925,000 ($326.05/SF) 5.89% Cap Rate




INVESTMENT HIGHLIGHTS
- 2 National Tenants
- Close to Ingles, Chick-Fil-A, Harris Teeter, Walgreens, etc...
- Great location on Spartanburg Hwy
EXECUTIVE SUMMARY
High Visibility 4-Unit Retail Strip Center in Hendersonville NC. Close to Ingles, Chick-Fil-A, Harris Teeter, Walgreens, etc... National tenants include Little Caesars Pizza and Subway who have been long-term tenants for this location. Fully leased Retail Center. Great Investment Property.
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,904 SF
Building Class
B
Year Built
1996
Price
$1,925,000
Price Per SF
$326.05
Cap Rate
5.89%
NOI
$113,352
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.68 AC
Zoning
HC
Parking
39 Spaces (6.61 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | 9953197 | Improvements Assessment | $548,100 |
Land Assessment | $503,600 | Total Assessment | $1,051,700 |
PROPERTY TAXES
Parcel Number
9953197
Land Assessment
$503,600
Improvements Assessment
$548,100
Total Assessment
$1,051,700
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671 Spartanburg Hwy
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