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400 S Main St
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400 S Main St
6,160 SF 100% Leased Retail Building Simpsonville, SC 29681 £1,113,409 (£181/SF) 4.66% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- 5 fully occupied, income-generating units
- 6,160 SF building in prime Simpsonville location
EXECUTIVE SUMMARY
Introducing an exceptional investment opportunity in the heart of Simpsonville,SC. This impressive 6,160 SF building features 5 fully occupied units, presenting an attractive and stable income stream for discerning office building investors.Strategically positioned within the thriving Simpsonville area, the property offers an ideal location, ensuring high visibility and accessibility for tenants and visitors.With a 100% occupancy rate, this property demonstrates strong demand and long-term investment potential. Each unit is thoughtfully designed and
configured to meet the diverse needs of modern businesses, providing a compelling value proposition for investors seeking a prime commercial real estate asset in this dynamic mark
configured to meet the diverse needs of modern businesses, providing a compelling value proposition for investors seeking a prime commercial real estate asset in this dynamic mark
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,160 SF
Building Class
C
Year Built
1994
Price
£1,113,409
Price Per SF
£181
Net Initial Yield
4.66%
NOI
£51,893
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Slab to Slab
10 ft
Building FAR
0.17
Lot Size
0.84 AC
Zoning
RM
Parking
24 Spaces (3.9 Spaces per 1,000 SF Leased)
Frontage
158 ft on Main St
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0320.00-01-001.00 | Improvements Assessment | £9,003 |
Land Assessment | £10,402 | Total Assessment | £19,405 |
PROPERTY TAXES
Parcel Number
0320.00-01-001.00
Land Assessment
£10,402
Improvements Assessment
£9,003
Total Assessment
£19,405
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400 S Main St
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