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Cedar Square - Outparcel 2710 Gentry Memorial Hwy

6,268 SF 100% Leased Retail Building Pickens, SC 29671 £1,034,046 (£165/SF) 7.66% Net Initial Yield

Investment Highlights

  • ±18,800 VPD per SCDOT 2023 Traffic Counts
  • Starbucks and Tractor Supply co-tenants
  • Value Add through Renegotiating/Releasing MTM Space at Market Rate
  • High visibility and convenient access for customers
  • Asking price below replacement cost

Executive Summary

Freedom Commercial is pleased to exclusively present this multi-tenant retail investment opportunity in Pickens, SC. This impressive property, conveniently situated at 2710 Gentry Memorial Highway, boasts a spacious ±6,300 SF building with four units and an ATM lease, offering tremendous income potential for retail and strip center investors. With a GBD zoning classification and 100% occupancy rate, this property ensures a secure and lucrative investment. Its prime location in the bustling Pickens area provides high visibility and accessibility for businesses, guaranteeing sustained foot traffic. Don't miss the chance to capitalize on this turnkey retail investment with strong tenant stability and promising returns.

Attachments

OM - 2710 Gentry Memorial Hwy

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,268 SF
Year Built
1996
Price
£1,034,046
Price Per SF
£165
Net Initial Yield
7.66%
NOI
£79,205
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Lot Size
0.77 AC
Zoning
GBD
Parking
53 Spaces (8.46 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Starbucks
Truist
9Round
CrossFit
TD Bank
(864) 706-8740

Contacts

  • Listing ID: 33073012

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 2710 Gentry Memorial Hwy, Pickens, SC 29671

The Retail Property at 2710 Gentry Memorial Hwy, Pickens, SC 29671 is currently available for sale. Contact Freedom Commercial LLC for more information.

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© 2024 CoStar Group

Cedar Square - Outparcel | 2710 Gentry Memorial Hwy
(864) 706-8740 x

Cedar Square - Outparcel | 2710 Gentry Memorial Hwy

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Ryan Robertson

(864) 706-8740

(864) 706-8740

Mike Quirico

(864) 729-3620

(864) 729-3620

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