Single-Tenant NNN Virginia
For Sale
Contact for pricing
Pending
8150 Warren H Abernathy Hwy, Spartanburg, SC 29301
Single-tenant educational facility supported by a triple-net lease and corporate guarantee.
Property Size50,024 SF
Lot Size5.88 Acres
Days on Market41
Property Features for 8150 Warren H Abernathy Hwy
General Information
Standard status
Pending
Size
50,024 SF
Lot size
5.88 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #TX 522087
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 9:38AM
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 Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This single-tenant Virginia College property contains 50,024 square feet on a 5.88-acre site. The investment is subject to a triple-net lease with a corporate guarantee from Education Corporation of America. More than eight years remain in the primary term, with 1 percent annual rent increases and two five-year renewal options that also include annual increases.
The property fronts Warren H. Abernathy Highway, also identified as Highway 29, a six-lane east-west route carrying approximately 35,000 vehicles per day. Interstate 26 is nearby, with reported traffic of 48,000 vehicles per day. The surrounding area includes a dense retail concentration with national and regional tenants such as Target, Kohl’s, Costco, Walmart, Lowe’s Home Improvement, The Home Depot, Sam’s Club, and WestGate Mall.
More than 76,400 residents live within five miles, while the one-mile average household income is $74,400. The property is located at 8150 Warren H Abernathy Hwy in Spartanburg, South Carolina.
The property fronts Warren H. Abernathy Highway, also identified as Highway 29, a six-lane east-west route carrying approximately 35,000 vehicles per day. Interstate 26 is nearby, with reported traffic of 48,000 vehicles per day. The surrounding area includes a dense retail concentration with national and regional tenants such as Target, Kohl’s, Costco, Walmart, Lowe’s Home Improvement, The Home Depot, Sam’s Club, and WestGate Mall.
More than 76,400 residents live within five miles, while the one-mile average household income is $74,400. The property is located at 8150 Warren H Abernathy Hwy in Spartanburg, South Carolina.
Key Highlights
- 50,024‑square‑foot single‑tenant Virginia College property
- 5.88‑acre site along Warren H. Abernathy Highway
- Triple‑net lease with corporate guarantee from Education Corporation of America
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
Demographics for 29301, SC
34,531
Population
16,020
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
27.5 sq mi
ZIP Area
1,256
Density / Sq Mi
$56,606
Median Household Income
$37,761
Median Earnings
$1,126
Median Rent
$200,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant educational facility supported by a triple-net lease and corporate guarantee.
Where is this nnn property located?
The property is located at 8150 Warren H Abernathy Hwy Spartanburg, SC.
What are key features of this property?
This property features: 50,024‑square‑foot single‑tenant Virginia College property; 5.88‑acre site along Warren H. Abernathy Highway; Triple‑net lease with corporate guarantee from Education Corporation of America
