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    1363 Floyd Baker Blvd Gaffney, SC 29341

    Sponsored
    For Lease
    $10 SF/Yr

    Gaffney, SC retail center; multiple spaces available.

    Lot size:
    10,250,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Cherokee Plaza, a 102,542 square foot community shopping center located at 1329 W. Floyd Baker Highway (SC Route 11), Gaffney, SC 29341, presents a unique investment opportunity. This 96% occupied center, renovated in 2010, boasts a strong tenant roster including Big Lots, Badcock Furniture, Tractor Supply, Goodwill, Dollar General, Quick Credit, First Acceptance, and Papa John's Pizza. Two spaces are currently available, ranging from 10,000 to 20,000 square feet, ideal for a variety of uses including medical, creative, executive, coworking, or traditional office spaces, as well as retail or restaurant options. The property benefits from its prime location on a major retail thoroughfare (SC Route 11/W. Floyd Baker Highway), experiencing an average daily traffic count of 23,000 vehicles. Its proximity to Interstate 85 (eight-tenths of a mile) and other significant retailers like Walmart, Lowe's, and Belk further enhances its visibility and accessibility. The area also demonstrates strong demographics, with an average household income within a 7-mile radius exceeding $47,000 (2016 estimate) and over 20,127 employees within the same radius (2016 estimate). Limestone College, a four-year institution with over 1,280 students, is located approximately 2.5 miles away, providing a substantial potential customer base. This well-established center offers a compelling opportunity for businesses seeking high visibility and a strong local market presence.

    Property Features for 1363 Floyd Baker Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,250,500 SF
    Total Rate
    8542083.33

    Unit(s) available at that property

    Space
    Available Space 3
    Size
    20,000 SF
    Rate per SF
    $12
    Space
    Available Space 2
    Size
    10,000 SF
    Rate per SF
    $14

    HighLights

    • 10,250,500 square feet total building area.
    • 2,000 square feet of vacant space available.
    • Located in Cherokee County.
    • Multi‑tenant property with retail, office, and restaurant space.
    • Property includes medical, creative, executive, coworking, and traditional office space options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cherokee Plaza Shopping ... Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Gaffney
    County
    Cherokee
    State
    South Carolina
    Longitude
    -81.6605887
    Latitude
    35.0860162

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    FAQs

    What type of property is this?
    Restaurant - Gaffney, SC retail center; multiple spaces available.
    Where is this restaurant located?
    The property is located at 1363 Floyd Baker Blvd Gaffney, SC.
    What is the lease rate?
    The lease rate is $12-$14 SF/Yr.
    What are key features of this property?
    This property features: 10,250,500 square feet total building area.; 2,000 square feet of vacant space available.; Located in Cherokee County.
    Request Owner's contact information
    1363 Floyd Baker Blvd Gaffney, SC 29341
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1363 Floyd Baker Blvd Gaffney, SC 29341
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