2527 Boiling Spring Rd Boiling Springs, SC 29316
New construction build-to-suit property with corporate-guaranteed lease.
Lot size:
1.94 AcresProperty Features for 2527 Boiling Spring Rd
General Information
- Lot size
- 1.94 Acres
Building Details
- Year built
- 2024
Source:
Cppcre
Listing Agency: CP Partners Listing Agent: Trevor Morse
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
New Construction Caliber Collision Property
This new construction, build-to-suit property is for sale and features a corporate lease with the nation's largest collision repair provider. The property offers strong tenant credit and long-term income durability within a dynamic growth corridor of South Carolina. The location is Boiling Springs’ only Caliber Collision. The lease is a new 15-year corporate-guaranteed lease to the nation’s largest collision repair provider with an absolute NNN lease structure, meaning zero landlord maintenance, repair, or expense obligations. There are two, 5-year extension options with 10% rental increases every 5 years during the primary term and in each option period. The corporate guaranty is Wand NewCo 3, Inc. Boiling Springs Road is a major arterial connecting directly to Interstate 85, a key logistics corridor running from Atlanta, GA to Charlotte, NC, connecting six major metro areas: Atlanta, Greenville, Spartanburg, Charlotte, Greensboro, and Raleigh-Durham. The Spartanburg MSA is considered one of the fastest growing metros in the U.S. BMW’s largest manufacturing plant in the world is located in Spartanburg; BMW has invested over $10 billion to build this facility, which creates over $20 billion in annual economic impact.
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
Wiley's Body Shop, Mark Smiths Transmission Svc, Maaco Auto Body Shop & Painting, TD Auto Repair Shop, Top Flight Auto Body and Collision
Location Insight
- Map
- Local Demand
- City
- Boiling Springs
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.9325
- Latitude
- 34.9497
Nearby Similar for Sale
FAQs
What type of property is this?
Auto shop - New construction build-to-suit property with corporate-guaranteed lease.
Where is this auto shop located?
The property is located at 2527 Boiling Spring Rd Boiling Springs, SC.
What are key features of this property?
This property features: - New 15-year corporate-guaranteed lease with Caliber Collision.; - Absolute NNN lease structure.; - Located in the rapidly growing Spartanburg MSA, near BMW's largest manufacturing plant.
