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    2260 Cherry Rd Rock Hill, SC 29732

    For Sale
    $4,200,000

    24,058 SF flex building, fully rehabbed, high-traffic retail area.

    Property size:
    24,058 SF

    Property Features for 2260 Cherry Rd

    General Information

    Size
    24,058 SF

    Building Details

    Year built
    1974

    Source: Mark Mayfield Agent Mark Mayfield

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Rock Hill Flex Building

    This 24,058 square foot masonry flex building, fully gutted and rehabbed in 2022, is located in Rock Hill, South Carolina, less than 1 mile from Interstate 77 at Exit 82 and 8 miles south of Charlotte, NC city limits. The property offers modern functionality in a high traffic retail area. The location provides a dynamic setting with a thriving business community and diverse range of dining, shopping, and entertainment options. The property is zoned GC, allowing for retail and flex uses. The tenant operates 6 locations and has a 10 year absolute NNN leaseback with 2% annual rent increases and a below market lease rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rock Hill
    County
    York
    State
    South Carolina
    Longitude
    -80.996132
    Latitude
    34.9656613

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    FAQs

    What type of property is this?
    Flex space - 24,058 SF flex building, fully rehabbed, high-traffic retail area.
    Where is this flex space located?
    The property is located at 2260 Cherry Rd Rock Hill, SC.
    What is the asking price?
    The asking price for this property is $4,200,000.
    What are key features of this property?
    This property features: - 10-year absolute NNN leaseback with 2% annual rent increases provides stable, passive income.; - **Fully gutted and rehabbed in 2022** offers modern functionality and reduces near-term capital expenditure.; - **24,058 SF industrial/flex space** in a high-traffic retail area provides versatile usage options.
    (803) 493-2424
    Request Owner's contact information
    2260 Cherry Rd Rock Hill, SC 29732
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    Rock Hill, SC 29732
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2260 Cherry Rd Rock Hill, SC 29732
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