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2527 Boiling Springs Rd Spartanburg, SC 29316

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For Sale
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New construction build-to-suit property with corporate-guaranteed lease.

Lot size:
1.94 Acres

Property Features for 2527 Boiling Springs Rd

General Information

Lot size
1.94 Acres

Building Details

Year built
2024

Source: Trevor Morse 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

Caliber Collision Auto Body Shop

Suggested Use

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

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

Similar Places Nearby

Caliber Collision, All Auto Glass, Valvoline Instant Oil Change, ProTech Tinting, Israel Automotive

Location Insight

  • Map
  • Local Demand
City
Spartanburg
County
Spartanburg
State
South Carolina
Longitude
-81.96846
Latitude
35.03013

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 Springs Rd Spartanburg, 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.
More about this property
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