Log In/Sign Up
Your email has been sent.
518 Haywood Rd 1,876 SF Retail Building Greenville, SC 29607 $2,241,379 ($1,194.76/SF) 5.80% Cap Rate
Executive Summary
This property is secured by an absolute triple net (NNN) lease with a 20-year initial term, providing reliable long-term income. The lease features 10 percent rent increases every five years, ensuring scheduled revenue growth. Built in 2023, the asset is backed by more than three years of strong operating history and supported by a well-established franchisee with a multi-store guaranty. Positioned with full access in a major Greenville trade area, the site is surrounded by top national retailers including Chick-fil-A, Apple, and Chipotle, enhancing consumer traffic and brand synergy. The property benefits from strong demographics within the dominant Greenville retail corridor and is located on Haywood Road, close to dense residential neighborhoods and a high daytime population, offering exceptional visibility and connectivity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,876 SF
Building Class
B
Year Built
2020
Price
$2,241,379
Price Per SF
$1,194.76
Cap Rate
5.80%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.84 AC
Zoning
S1 - Commercial Services
Moderately walkable
60/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0284.00-02-013.08 | Improvements Assessment | $72,120 |
| Land Assessment | $57,630 | Total Assessment | $129,750 |
Property Taxes
Parcel Number
0284.00-02-013.08
Land Assessment
$57,630
Improvements Assessment
$72,120
Total Assessment
$129,750
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
