Fully Leased Strip Mall in Simpsonville, SC
680 Fairview Road
Simpsonville, SC 29680
FOR SALE
Property Type:
Strip CenterAmount:
$1,200,000
Last Verified:
Jan 23, 2024Highlights
- 5 Units - 100% Leased
- Average Daily Traffic on Fairview Road is 29,100
- Close Proximity to Interstate 385
- Cap Rate: 7%
Description
Excellent investment opportunity in Simpsonville, SC! All 5 units in this center are leased (one tenant occupies 2 adjacent spaces, counted as 1 unit). These tenants have been in place for an extended period, primarily operating under a gross lease agreement. As lease renewals approach in 2024, there is an opportunity to transition to NNN leases and modify the terms of the lease agreements. This center boasts an ideal position along the bustling Fairview road, with an estimated daily vehicle traffic of 29,100. It is in close proximity to interstate 385 and minutes from the fast growing city of Greenville, SC. Contact us at commercial@primerealtysc.com or 864.438.2999 for more information.
Simpsonville, SC.
Building Size: 8868sq ft
Lot Size: 0.94 acres
