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Sunset Plaza 1815 E Greenville St
7,254 SF 100% Leased Retail Building Anderson, SC 29621 $1,675,000 USD ($231 USD/SF) 6.72% Cap Rate
Executive Summary
Minimal Landlord Responsibilities: Being that all Leases are NNN, this property offers investors stable returns with minimal responsibilities attached.
Thriving Market: Located across the street from AnMed Health’s hospital campus and just minutes away from the rapidly growing downtown Anderson, SC, this property is ideally positioned to thrive in this market’s continuous growth.
Competitive Pricing: Investors benefit from below average base rents, offering a more competitive price point below today’s replacement cost.
Diverse Tenant Mix and Lease Expirations: The varied tenant mix and staggered lease expirations offer buyers more diversity and stability. Tenants include State Farm, Marco’s Pizza, Carolina Tobacco and Vape, Gloss Nail Salon, and the Barkery Bistro.
Strong Retail Corridor: Located on the bustling SC Hwy 81 (±29,200 VPD) and in close proximity to major retailers such as Publix, Chick-fil-A, Starbucks, and Walmart, this property is ideally located to supply its vendors with strong customer exposure.
Booming Greater Market: The Greater Greenville Area is one of America’s hottest emerging destinations and fastest growing MSA’s, reporting a 40% higher growth rate than the rest of the U.S. Migration of capital to the Southeast has had a tremendous impact on the Anderson market evidenced by asset demand and appreciation.
Thriving Market: Located across the street from AnMed Health’s hospital campus and just minutes away from the rapidly growing downtown Anderson, SC, this property is ideally positioned to thrive in this market’s continuous growth.
Competitive Pricing: Investors benefit from below average base rents, offering a more competitive price point below today’s replacement cost.
Diverse Tenant Mix and Lease Expirations: The varied tenant mix and staggered lease expirations offer buyers more diversity and stability. Tenants include State Farm, Marco’s Pizza, Carolina Tobacco and Vape, Gloss Nail Salon, and the Barkery Bistro.
Strong Retail Corridor: Located on the bustling SC Hwy 81 (±29,200 VPD) and in close proximity to major retailers such as Publix, Chick-fil-A, Starbucks, and Walmart, this property is ideally located to supply its vendors with strong customer exposure.
Booming Greater Market: The Greater Greenville Area is one of America’s hottest emerging destinations and fastest growing MSA’s, reporting a 40% higher growth rate than the rest of the U.S. Migration of capital to the Southeast has had a tremendous impact on the Anderson market evidenced by asset demand and appreciation.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
7,254 SF
Building Class
C
Year Built
2010
Price
$1,675,000 USD
Price Per SF
$231 USD
Cap Rate
6.72%
NOI
$112,485 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.95 AC
Zoning
NC - Property is zoned NC (Neighborhood Commercial)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $79,330 USD | |
| Land Assessment | $38,510 USD | Total Assessment | $117,840 USD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$38,510 USD
Improvements Assessment
$79,330 USD
Total Assessment
$117,840 USD
Contacts
-
Robert Schmidt, CCIM -
Peter Couchell, CCIM -
Lawrence Myers -
NAI Earle Furman LLC
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Sunset Plaza | 1815 E Greenville St
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