SVN Palmetto is pleased to present a newly available investment opportunity following a recent change in buyer circumstances. This newly constructed retail center is back on the market and offers a compelling combination of stability, location, and long-term upside.
The property is a newly developed neighborhood retail strip positioned in one of the fastest-growing submarkets in South Carolina. Strategically located as an outparcel to a high-performing Target, the site benefits from strong traffic drivers and continued area growth.
Designed with long-term performance in mind, the asset features established tenancy and investment-grade fundamentals, making it well-suited for investors seeking both income stability and market exposure.
Property Highlights:
- Long-term NNN leases in place
- Prime location within a rapidly expanding submarket
- Outparcel to a strong-performing Target location
- New survey completed
- Clean Phase I environmental report available
- Tenant estoppels secured
The property is offered at $3,760,000, representing a 6.6% cap rate.
With all due diligence materials prepared and available, this offering is positioned for a streamlined transaction process. It presents an attractive opportunity for investors pursuing a 1031 exchange or those looking to expand their portfolio within the dynamic Greenville-Spartanburg market.
For additional information or to discuss this opportunity further, please contact our team.
Comments are closed