Property summary
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.
Property profile
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Current use
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Auto Repair Shop
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
S1 · Taylors, SCZoning
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