2050 East Main Street Spartanburg, SC 29307
Single-tenant NNN investment opportunity in a growing market.
Property Features for 2050 East Main Street
General Information
- Standard status
- Active
- Size
- 8,075 SF
- Lot size
- 0.88 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing office NAI Earle Furman Spartanburg
Listing date May 18, 2026
Source Crexi
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 NAI Earle Furman Spartanburg
Investment Insights
Based on property information with market context.
Key Highlights
- Established Advance Auto Parts location operating since 1994
- Stable NNN lease income with renewal options
- High traffic location on East Main Street with approximately 26,500 VPD
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 | $145.4k | $18.00 |
| − Vacancy | −$12.6k | −$1.57 |
| EGI | $132.7k | $16.43 |
| − OpEx | −$39.8k | −$4.93 |
| NOI | $92.9k | $11.50 |
Alternative Uses
Property Analytics
Current Use by Public Records
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- Dixie Tire & Automotive — 1534 e main st, spartanburg, sc 29307
- Mavis Tires & Brakes — 1534 E Main St, Spartanburg, SC 29307