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32727034

2050 East Main Street, Spartanburg, SC 29307 For Sale

NAI Earle Furman Spartanburg
Listed by NAI Earle Furman Spartanburg
$1,600,000
68 days on market
Updated 68 days ago

2050 East Main Street

Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 8,075
Cap Rate 5.51%
Occupancy 100%
Tenancy Single
Brand/Tenant Advanced Auto Parts
Lease Type NNN
Lease Term 15
Remaining Term 2.5
Rent Bumps No
Lease Options 2 5-year renewal options
Class B
Year Built 1994
Acreage 0.880
Parking Spaces 36 spaces
Parking per 1,000 SqFt 4.46
Ground Lease No
Sale Condition Sale for leaseback

Advance Auto Parts location for sale

Marketing description

Located at 2050 East Main Street in Spartanburg, this single-tenant investment opportunity features an established Advance Auto Parts location with a long operating history dating back to 1994. The ±8,075 SF building sits on ±0.88 acres along highly trafficked East Main Street with approximately 26,500 VPD. The property is backed by a nationally recognized tenant and offers stable NNN lease income with renewal options in place. Positioned within a densely populated trade area and surrounded by strong residential growth, the site benefits from excellent visibility, convenient access, and a built-in customer base in one of the Upstate’s fastest-growing markets.

Investment highlights

- Single-tenant net leased Advance Auto Parts investment opportunity

- ±8,075 SF retail building on ±0.88 acres

- Located at 2050 East Main Street, Spartanburg

- Strong visibility along East Main Street with ±26,500 VPD

- Established location operating since 1994

- National automotive tenant with corporate backing

- Approximately 2.5 years remaining on current lease term

- Two additional 5-year renewal options

- NNN lease structure with limited landlord responsibilities

- 36 on-site parking spaces

- Surrounded by dense residential development and strong demographics

- Convenient access to major retail corridors and Spartanburg amenities

- Offered at $1,600,000 with NOI of $88,200

Listing Contacts

NAI Earle Furman Spartanburg
Listed by NAI Earle Furman Spartanburg

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