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1601 Poinsett Hwy - 1601 Poinsett Highway, Greenville, SC 29609 0.51 Acres of Commercial Land Offered at $2,070,000 in Greenville, SC 29609
Investment Highlights
- Sale Price: $2,070,000 (4.75% CAP)
- Lease Type: Absolute NNN, Landlord Responsibilities: None
- Current Remaining Term: 5 Year Extension
- Tenant Name: Bank of America, Signator/Guarantor: Bank of America, National Association (Corporate)
- Rent Commencement Date: 10/1/2005 (Recently Exercised 3rd Renewal, 3 - 5 yr Options Remaining)
- Current Annual Rent: $98,300 (12% Increase Every 5 Years)
Executive Summary
Located in busy Cherrydale area banking hub including Wells Fargo, Truliant, First Citizens & Chase. Added Value of .51 Acre lot on breakfast-side of the road in expanding Poinsett Highway Corridor
Property Facts
| Price | $2,070,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.51 AC |
| Zoning | C-2/OD | ||
| Price | $2,070,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.51 AC |
| Zoning | C-2/OD |
1 Lot Available
Lot
| Price | $2,070,000 | Lot Size | 0.51 AC |
| Price Per AC | $4,058,823.53 |
| Price | $2,070,000 |
| Price Per AC | $4,058,823.53 |
| Lot Size | 0.51 AC |
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Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 0168.00-02-004.00 | Improvements Assessment | $39,450 |
| Land Assessment | $12,580 | Total Assessment | $52,030 |
Property Taxes
Parcel Number
0168.00-02-004.00
Land Assessment
$12,580
Improvements Assessment
$39,450
Total Assessment
$52,030
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1601 Poinsett Hwy - 1601 Poinsett Highway, Greenville, SC 29609