3133 Wade Hampton Blvd Taylors, SC 29687-2801

Property Details for 3133 Wade Hampton Blvd

Lot size

2.78 lot acres

Zone code

S1

Property type

Auto shops

APN

T030.00-05-001.13

APU

T030000500113

Description

This exceptional investment opportunity presents a fee-simple interest in a single-tenant, Class A retail portfolio totaling 27,450 square feet. The property, located at 3133 Wade Hampton Blvd, Taylors, SC 29687, is a 2.78-acre site featuring a single, one-story building constructed in 2004 and renovated in 2014. Currently 100% occupied by Caliber Collision since March 13, 2015, under a Net Lease (NN+) agreement, the property boasts a strong Net Operating Income (NOI) of $178,652, with a pro-forma NOI of $189,372. The lease, with a remaining term of approximately 0.4 years, includes two five-year renewal options and features CPI rent bumps every three years, capped at a 6% maximum increase. The property is zoned GC and benefits from excellent visibility and access, situated on Wade Hampton Blvd, a high-traffic area with over 45,000 vehicles per day, and surrounded by other major national retail tenants. This portfolio offers a compelling combination of strong current income and significant long-term upside potential. The property's location within the Greenville-Spartanburg MSA, a thriving market with a population of 1.5 million, further enhances its investment appeal. This is a rare opportunity to acquire a well-performing, single-tenant retail asset with a proven track record and substantial future growth prospects. The property's strong tenant, Caliber Collision, is ranked as the 11th busiest center in South Carolina according to Placer.AI.

Location Insight

City

Taylors

County

Greenville

State

South Carolina

Longitude

-82.3246

Latitude

34.912

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments