• 1510 Wo Ezell Blvd, Spartanburg, SC 29301

For Sale

Retail

For Sale

This property is available for sale
1.0
Acres
$4,345,584
Sale Price
  • Year Built
    2002
  • Total Building Size
    10,908 RSF
  • 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.

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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 Type
    Retail
  • Year Built
    2002
  • Sale Price
    $4,345,584
  • Total Building Size
    10,908RSF
  • Total Acres
    1.0
  • Cap Rate
    6.3%
  • Sale Status
    Available
  • Property ID
    2136796

Landlord's Sales Representative

  • Barbara Kreis