Cedar Square - Outparcel | 2710 Gentry Memorial Hwy
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Cedar Square - Outparcel 2710 Gentry Memorial Hwy
6,268 SF 100% Leased Retail Building Pickens, SC 29671 $1,866,878 CAD ($298 CAD/SF) 7.66% Cap Rate
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
6,268 SF
Year Built
1996
Price
$1,866,878 CAD
Price Per SF
$298 CAD
Cap Rate
7.66%
NOI
$142,997 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.77 AC
Zoning
GBD
Parking
53 Spaces (8.46 Spaces per 1,000 SF Leased)
Nearby Major Retailers
1 of 5
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Cedar Square - Outparcel | 2710 Gentry Memorial Hwy
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