James Wilson 8286844344

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.

671 Spartanburg Hwy Retail Center for Sale Flyer

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Restaurant

Building Size

5,904 SF

Building Class

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

Parking

39 Spaces (6.61 Spaces per 1,000 SF Leased)

Frontage

286’ on Chadwick Avenue

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
Spartanburg Hwy	S Main St, W	20,498	2025	0.16 mi
US 176;US 25 Busines	Greenville Hwy, W	20,279	2024	0.22 mi
Greenville Hwy	White St, S	12,719	2024	0.25 mi
NC 225	White St, S	13,000	2020	0.25 mi
Greenville Highway	White St, S	13,185	2025	0.25 mi
S Grove St	Old Spartanburg Rd, S	6,542	2024	0.30 mi
Old Spartanburg Road	Old Spartanburg Rd, S	6,177	2025	0.30 mi
South Main Street	S Church St, N	21,825	2025	0.30 mi
US 25 BUS	S Church St, N	21,257	2024	0.30 mi
S Main St	S Church St, N	21,673	2023	0.30 mi