Value-Add Multi-Tenant Retail
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Value-Add Multi-Tenant Retail
3 Retail Properties Offered at $3,518,250 in Multiple Locations
Investment Highlights
- Value-add opportunity
- Fair in-place lease rates
Executive Summary
Value-add multi-tenant retail opportunity
2 Buildings in Greenville, SC and 1 in Irmo, SC
FAIR IN-PLACE LEASE RATES
with several mark-to-market and net rate conversion opportunities
most leases include annual increases
TWELVE TENANTS
with average space size less than 1,500 SF
mom and pop leases include personal guarantees
TIGHT MARKETS with low vacancy and zero similar product under development
2 Buildings in Greenville, SC and 1 in Irmo, SC
FAIR IN-PLACE LEASE RATES
with several mark-to-market and net rate conversion opportunities
most leases include annual increases
TWELVE TENANTS
with average space size less than 1,500 SF
mom and pop leases include personal guarantees
TIGHT MARKETS with low vacancy and zero similar product under development
Property Facts
| Price | $3,518,250 | Number of Properties | 3 |
| Price / SF | $199.28 / SF | Individually For Sale | 0 |
| Cap Rate | 7.35% | Total Building Size | 17,655 SF |
| Sale Type | Investment | Total Land Area | 1.70 AC |
| Status | Active |
| Price | $3,518,250 |
| Price / SF | $199.28 / SF |
| Cap Rate | 7.35% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 17,655 SF |
| Total Land Area | 1.70 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Galleria Irmo
7325 Saint Andrews Rd, Irmo, SC 29063 |
Retail | 8,765 SF | 2008 | - |
| 1263 S Pleasantburg Dr, Greenville, SC 29605 | Retail | 2,640 SF | 1980 | - |
| 1259 S Pleasantburg Dr, Greenville, SC 29605 | Retail | 6,250 SF | 2000 | - |
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Anna Newton -
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Value-Add Multi-Tenant Retail
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