1057 Fernwood Glendale Rd Spartanburg, SC 29307-2311
This exceptional 5,500 square foot commercial property, located at 1057 Fernwood Glendale Rd in Spartanburg, South Carolina, presents a fantastic opportunity for retail or restaurant businesses. Currently vacant and available for lease, the single-tenant space offers significant flexibility. The building's total area is 5,500 square feet, allowing for a variety of configurations. The property is divisible, catering to businesses requiring smaller footprints. A fully equipped kitchen featuring an 8-foot hood and sinks is already in place, making it ideal for food service establishments. The lease rate is $15 per square foot, triple net (NNN). This prime location in Spartanburg County, near the Hillcrest Shopping Center on the Eastside, ensures high visibility and accessibility for customers. The property's address is 1057 Fernwood Glendale Rd, Spartanburg, SC 29307. Its convenient location and adaptable space make it an attractive option for a wide range of businesses seeking a prominent presence in a thriving area. The property is classified as retail and restaurant space. Contact us today to learn more about this exciting opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.