95-99 Garner Rd
Spartanburg, SC 29303
Pine Street Commons (Grocery Shadow) · Retail Property For Sale

Marcus & Millichap is pleased to present for sale to qualified investors an 8,800 square foot retail strip located in Spartanburg, South Carolina. The subject property is adjacent to Food Lion and is currently 100-percent leased with six tenants. The tenants include M&M Tax (35 locations), Ultra Tan (80 locations), Hair Masters/Regis Corp (10,000 locations, NYSE: RGS), Cashwell Financial, Venetian Nails, and China 1 Restaurant. Both the subject property and adjacent Food Lion were constructed in 2007. The subject property is conveniently located off Garner Road and North Pine Street, just south of Interstate 585, the primary corridor leading to downtown Spartanburg. The property has multiple points on ingress/egress and ample parking spaces. Nearby traffic counts include 26,500 vehicles per day on North Pine Street and 27,400 vehicles per day on I-585. In addition to Food Lion and CVS, the subject property is located within close proximity to Rite Aid, Rent-A-Center, Waffle House, Taco Bell, Hardee’s, McDonalds, Starbucks, Big Lots, Kimbell’s, Roses, and White Oak Manor Nursing Home. The property is located less than one mile from Wofford College, an independent liberal arts college with approximately 1,683 students enrolled for the fall 2017 semester. Wofford is commonly known for being the home of the Carolina Panthers yearly training camp. Also located within one mile of the subject property is the Spartanburg Medical Center, a 540-bed research and teaching hospital that has an average of over 130,000 emergency center visitors per year. The University of South Carolina – Upstate, the fastest growing university in the state, is located 3.5 miles from the subject property.