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29323611
20669226

5326 Wade Hampton Blvd, Taylors, SC 29687

DH
SC 106855
SVN Palmetto
DT
SC 106880, GA 401401
SVN Palmetto
Listed by SVN Palmetto
$3,600,000
576 days on market
Updated 82 days ago

Greenville, SC | Mattress Warehouse & Charleys Cheesesteaks

Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 6,000
Cap Rate 6.50%
NOI $234,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 10
Year Built 2024
Parking Spaces 25 spaces
Parking Per SqFt 4.17

6.5% Cap | National Tenants | New Construction

Marketing description

Reedy River Retail at SVN Palmetto has been retained to exclusively offer for sale a new construction retail strip center in the sought after Greenville, South Carolina market. Greenville, SC consistently ranks among the fastest growing markets in the Southeast and is widely recognized as one of the best cities in America. The center boasts brand new, ten year, Triple Net leases with national tenants Mattress Warehouse and Charley’s Cheeseteaks.

The property is strategically positioned on Wade Hampton Blvd., one of the area’s primary retail corridors which connects Greenville to Spartanburg. The center is shadow anchored by Target, Hobby Lobby and PetSmart directly across the street. Other nearby retailers Include Burger King, Aspen Dental and McAlister’s Deli. The center was built with high quality steel and masonry construction and was completed in August of 2024.

Investment highlights

  • Convenient Location on Wade Hampton Blvd. just 15 minutes from downtown Greenville and centrally located between Atlanta and Charlotte

  • Long Term Triple Net Leases with minimal landlord responsibilities

  • Fully Leased to National Tenants Mattress Warehouse and Charley’s Cheesesteaks

  • Nearby Tenants on Wade Hampton Include Target, Hobby Lobby, PetSmart, Publix, Lowes, and many more

  • High Growth Market just 15 miles outside of Greenville and 10 miles from GSP International Airport

  • Steady Population Growth over the last decade with an average household income of $90,000 within 5 miles of the property

  • Major Area Employers in the area include BMW, Michelin, Prisma Health, ScanSource, and Tesla (recently announced)

Listing Contacts

DH
SC 106855
SVN Palmetto
DT
SC 106880, GA 401401
SVN Palmetto
Listed by SVN Palmetto

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$234,000.00
$19,500.00/mo

Valuation Metrics

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DSCR
6.5%
Cap Rate
6.5%
ROI

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