Fully Leased Retail Strip
15 Ray E Talley Ct Simpsonville, SC 29681
15 Ray E Talley Ct, Simpsonville, SC, 29681
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For Sale
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Fully leased retail strip center anchored by Subway and Great Clips along Fairview Road.
Property Size6,300 SF
Price / SF$436.51
Days on Market101
Property Features for 15 Ray E Talley Ct
General Information
- Standard status
- Active
- Size
- 6,300 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing agency
Klue Real Estate Advisors
Listed by
Lisa Williams · License #SC
Source
Crexi
Added: Apr 12 Updated: Jul 21 at 2:34AM Checked: Jul 21 at 4:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Klue Real Estate Advisors
Investment Insights
Based on property information with market context.
15 Ray E Talley Ct is a fully leased retail strip center with tenant occupancy that includes Subway and Great Clips. The property is positioned as an established neighborhood shopping option within a retail strip format.
The center is located along the Fairview Road corridor, providing visibility and convenient access, with proximity to I-385. Surrounding development includes major national retailers and dense residential growth, supporting steady day-to-day consumer traffic to the site.
The center is located along the Fairview Road corridor, providing visibility and convenient access, with proximity to I-385. Surrounding development includes major national retailers and dense residential growth, supporting steady day-to-day consumer traffic to the site.
Key Highlights
- Fully leased retail strip center built in 2000
- Tenants include Subway and Great Clips
- Located along the Fairview Road corridor with high traffic flow
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $138.3k | $21.96 |
| − Vacancy | −$5.0k | −$0.79 |
| EGI | $133.4k | $21.17 |
| − OpEx | −$40.0k | −$6.35 |
| NOI | $93.4k | $14.82 |
6,300 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.33M
$1.17M – $1.56M
NOI $93,357 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,422 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Loan Star Pawn ...
Discount Store
Subway
Take-out & Catering
85 Tobacco & Vapor
(Bike/Boat/Book/etc) Store
Quad Coin Bitcoin ...
Atm
Great Clips
Hair Salon
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FAQs
What type of property is this?
Strip mall - Fully leased retail strip center anchored by Subway and Great Clips along Fairview Road.
Where is this strip mall located?
The property is located at 15 Ray E Talley Ct Simpsonville, SC.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Fully leased retail strip center built in 2000; Tenants include Subway and Great Clips; Located along the Fairview Road corridor with high traffic flow
