1400 Woodruff Rd
Greenville, SC
Price:
$6,942,000
Cap Rate:
5.15%
NOI:
$357,500
Building Size:
Approx. 4,580 Sq. Ft.
Lot Size:
Approx. 2.02 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,580 +/- SF Building on 2.02+/- Acre Site
- 14+ Years Remaining on Absolute NNN Lease w/ 8% Rental Bumps Every 5 Years
- Excellent Signalized, Hard Corner Location at the Intersection of Woodruff Rd & Smith Hines Rd (43K VPD)
- Located Adjacent to Merovan Center (Owned by Seller) – 640K SF of Flex Industrial w/ Over 140 Tenants
- The Woodruff Rd Corridor is Scheduled to Go Through Approx. $121 Million Worth of Road Improvements
- 7-Eleven (S&P Rated A) is the Largest Chain Store Operator in the World
- Greenville | Expected to grow by 222,000+ Residents by 2040 | County Population: 548,000+
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