For Sale
For Sale
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Year Built
2002
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Total Building Size
10,908 RSF
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Overview
LOCATION,,LOCATION, LOCATION.. A GREAT LOCATION PROVIDES A GREAT REAL ESTATE INVESTMENT. The property is located at Blackstock and WO Ezell being "THE" PRIME hard corner location in the busiest regional shopping area of Spartanburg. The property is an outparcel of a major shopping center featuring Office Depot, Longhorn Steakhouse and Dollar General. Immediate retailers include WALMART, Costco, Lowe's,Home Depot, Michael's, Ross and TJ Maxx amongst other national brand names. Traffic counts are approximately 40,000 CPD on W O Ezell. Great opportunity to acquire a PRIME LOCATION WALGREEN's drug store with good sales and low rent to sales ratio. Walgreen's recently acquired this location from Rite Aid . True N, N, N lease with no landlord responsibilities. The Lease ENDS 6/30/22. Walmart has no options. Good opportunity to renegotiate with Walgreens or another major tenant.......OR.....consider the property for redevelopment.
Property Details
Walgreens Drug Store - RECESSION RESISTANT TENANT
LOCATION,,LOCATION, LOCATION.. A GREAT LOCATION PROVIDES A GREAT REAL ESTATE INVESTMENT. The property is located at Blackstock and WO Ezell being "THE" PRIME hard corner location in the busiest regional shopping area of Spartanburg. The property is an outparcel of a major shopping center featuring Office Depot, Longhorn Steakhouse and Dollar General. Immediate retailers include WALMART, Costco, Lowe's,Home Depot, Michael's, Ross and TJ Maxx amongst other national brand names. Traffic counts are approximately 40,000 CPD on W O Ezell. Great opportunity to acquire a PRIME LOCATION WALGREEN's drug store with good sales and low rent to sales ratio. Walgreen's recently acquired this location from Rite Aid . True N, N, N lease with no landlord responsibilities. The Lease ENDS 6/30/22. Walmart has no options. Good opportunity to renegotiate with Walgreens or another major tenant.......OR.....consider the property for redevelopment.
- Property TypeRetail
- Year Built2002
- Sale Price$4,345,584
- Total Building Size10,908RSF
- Total Acres1.0
- Cap Rate6.3%
- Sale StatusAvailable
- Property ID2136796