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Northern Tool & Equipment

190 Sloane Garden Road, Spartanburg, SC, 29316, USA

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FOR SALE
Property Type:
Single Tenant Retail (NNN)
Amount:
$4,000,000 to $5,000,000
Cap Rate:
7.75%
Last Verified:
Mar 27, 2012

Comments/Additional Features

*Sale Price: $4,308,000. *Current NOI: $333,885.48 with 15% increases every 5 years. *15 year NN lease commencing in December 2006. *Two 5-year options to extend. This site is located off Sloane Garden Road with easy access to I-85 with traffic counts of 52,600 cars per day. *Retailers in the immediate area include: CVS Pharmacy, Ingles Market, Dollar General, Denny's, Burger King, Del Taco, Pizza Hut, McDonald's, Waffle House, Valvoline and America's Best Value Inn. Northern Tool is located less than 2.50 miles from the University of SC Upsate, a thriving campus that boasts 330 acres and has an enrollment of 5,500 students. *Please call for full details on this property.

Additional URLs

Map of 190 Sloane Garden Road, Spartanburg, SC, 29316, USA

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Office: +(612) 332-6600


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