1449 Union Street
Land | 2.1 acres
Marketing description
There are a total of 4 parcels in this package all in Spartanburg County, and the TMS #s are to follow. Primary address is for Barnett's Garage located at 1449 Union Street, Spartanburg, SC 29302. The TMS # for the primary parcel (garage operated by the seller and sold as part of the purchase along with properties) is 7-17-10-029.00 and the following are contiguous: TMS #S 1-17-028.00 (Empty Lot), 7-17-10-029.02 (Tire Shop leased to 3rd party) and 7-17-10-029.03 (Butcher Shop leased to 3rd party). All are held under the name Barnett's Enterprice, LLC a South Carolina LLC.
We are listing the entire package, with all four parcels and 3 buildings on 3 of the 4 parcels, plus the garage operating company, all equipment, furniture, fixtures, for $3,999,000.
Cap Rate is inclusive of NOI of the primary tenant, Barnett's Garage, and the rental income paid by primary tenant and the two third-party tenants.
Investment highlights
There are a total of 4 parcels in this package all in Spartanburg County, and the TMS #s are to follow. Primary address is for Barnett's Garage located at 1449 Union Street, Spartanburg, SC 29302. The TMS # for the primary parcel (garage operated by the seller and sold as part of the purchase along with properties) is 7-17-10-029.00 and the following are contiguous: TMS #S 1-17-028.00 (Empty Lot), 7-17-10-029.02 (Tire Shop leased to 3rd party) and 7-17-10-029.03 (Butcher Shop leased to 3rd party). All are held under the name Barnett's Enterprice, LLC a South Carolina LLC
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