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Vacant-User

Dollar Tree | Greenville MSA | New Construction

601 N Main St, Mauldin, SC 29662

Listing Price: $2,717,000

Cap Rate
5.50%
Gross SF
9,997
Rentable SF
9,997
Price/Gross SF
$271.78
Lot Size
1.09 acres
Year Built
2020

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant retail building located at 601 N Main St. Mauldin, SC 29662. The building totals 9,997 square-feet and is situated just north of the center of Mauldin, SC. The subject property is 15 minutes from the center of downtown Greenville, one of the fastest growing areas in the southeast. Greenville is one of the largest cities in South Carolina with roughly 950,000 residents living in the Metropolitan area. Greenville, SC is the cornerstone of the upstate of South Carolina. Home to the Greenville Drive, Swamp Rabbits, Furman University, and Clemson University's MACC program, Greenville's young adult population is steadily growing. Major Companies such as GE, BMW, Michelin NA, SYNNEX, and ScanSource all operate within Greenville county. Strong industry supports an estimated job growth of almost 40% within the next 10 years, nearly 20% higher than the nation's average. Mauldin is expanding greatly with the influx of jobs and residents as almost 600 new, single family homes and townhouses are currently under constriction with more to come

Investment Highlights

  • New 2020 Build
  • Single Tenant Double-Net Lease with Over 8 Years Remaining on Initial Term | Four (4), Five (5) Year Renewal Options | $5,000/yr Increase with Each Renewal
  • Directly Off of N Main St. with a 2020 Traffic Count of 38,000+ VPD
  • Investment Grade Tenant | S&P: BBB | Moody's: Baa2
  • Located Within 2 Hours of Charlotte, NC & Atlanta, GA | One of the Fastest Growing Corridors in the Nation
  • 125,000 Residents Within 5 Miles
  • Landlord is Only Responsible for Roof, Slab, Structure

Exclusively Listed By

Vacant-User

Dollar Tree | Greenville MSA | New Construction

Listing Price: $2,717,000

Cap Rate
5.50%
Gross SF
9,997
Rentable SF
9,997
Price/Gross SF
$271.78
Lot Size
1.09 acres
Year Built
2020

Investment Highlights

  • New 2020 Build
  • Single Tenant Double-Net Lease with Over 8 Years Remaining on Initial Term | Four (4), Five (5) Year Renewal Options | $5,000/yr Increase with Each Renewal
  • Directly Off of N Main St. with a 2020 Traffic Count of 38,000+ VPD
  • Investment Grade Tenant | S&P: BBB | Moody's: Baa2
  • Located Within 2 Hours of Charlotte, NC & Atlanta, GA | One of the Fastest Growing Corridors in the Nation
  • 125,000 Residents Within 5 Miles
  • Landlord is Only Responsible for Roof, Slab, Structure

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant retail building located at 601 N Main St. Mauldin, SC 29662. The building totals 9,997 square-feet and is situated just north of the center of Mauldin, SC. The subject property is 15 minutes from the center of downtown Greenville, one of the fastest growing areas in the southeast. Greenville is one of the largest cities in South Carolina with roughly 950,000 residents living in the Metropolitan area. Greenville, SC is the cornerstone of the upstate of South Carolina. Home to the Greenville Drive, Swamp Rabbits, Furman University, and Clemson University's MACC program, Greenville's young adult population is steadily growing. Major Companies such as GE, BMW, Michelin NA, SYNNEX, and ScanSource all operate within Greenville county. Strong industry supports an estimated job growth of almost 40% within the next 10 years, nearly 20% higher than the nation's average. Mauldin is expanding greatly with the influx of jobs and residents as almost 600 new, single family homes and townhouses are currently under constriction with more to come

Exclusively Listed By

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