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    1059 Fernwood Glendale Rd Spartanburg, SC 29307

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    For Lease
    $15 SF/Yr ($6,875 /Mo)

    Retail or restaurant space for lease, approximately 5,500 SF.

    Property size:
    5,500 SF
    Lot size:
    0.86 Acres

    Property Features for 1059 Fernwood Glendale Rd

    General Information

    Size
    5,500 SF
    Lot size
    0.86 Acres

    Source: Spencer/Hines Properties Agent Craig Jacobs

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

    Overview

    Retail/Restaurant Space For Lease

    This retail or restaurant space is available for lease at a rate of $15 per square foot, NNN. The property, located on the east side near Hillcrest Shopping Center, offers approximately 5,500 square feet of space. The space can be sub-divided. It includes a kitchen equipped with an 8-foot hood and sinks, suitable for restaurant use.
    Location Intelligence

    Current Use by Public Records

    ATM Machine at H.A.D ... Atm Oh 7 Restaurant Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.8905497
    Latitude
    34.9658375

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    FAQs

    What type of property is this?
    Restaurant - Retail or restaurant space for lease, approximately 5,500 SF.
    Where is this restaurant located?
    The property is located at 1059 Fernwood Glendale Rd Spartanburg, SC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Located on Eastside Near Hillcrest Shopping Center; - Retail/Restaurant for Lease; - Approximately +/- 5,500 SF
    (864) 583-1001
    Request Owner's contact information
    1059 Fernwood Glendale Rd Spartanburg, SC 29307
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    Spartanburg, SC 29307
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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
    1059 Fernwood Glendale Rd Spartanburg, SC 29307
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