5134 Calhoun Memorial Hwy Easley, SC 29640-3862
- Retail space
- 4,000 SF
- 1.00 lot acres
Jul 08, 2025
Current Use by Public Records
- Retail space
Property Details for 5134 Calhoun Memorial Hwy
- Year built
- 1982
- Construction
- STEEL FRAME
- Lot size
- 1.00 lot acres
- Property size
- 4,000 SF
- Property type
- Retail space
- APN
- 5039-18-22-9031
- APU
- 503918229031
Description
This exceptional investment opportunity presents a brand-new, 5,798 square foot Firestone auto shop in Easley, South Carolina, a rapidly growing suburb of Greenville. Located on a 0.99-acre lot in a prime retail corridor (39,500 vehicles per day), this property benefits from its proximity to a major shopping center anchored by a top-performing Walmart and a top 1% Chick-fil-A. The property is part of a thriving area with significant ongoing development, including a large new industrial park expected to bring over 1,000 jobs. The 15-year net lease, commencing January 31, 2025, and expiring January 31, 2040, is corporately guaranteed by Bridgestone Retail Operations, LLC, an "A" rated investment-grade tenant with over 2,200 locations nationwide. The lease features attractive 5% rent bumps every five years throughout the initial term and five, 5-year option periods. The property boasts seven service bays and benefits from a strong NOI of $254,875, resulting in a 5.00% cap rate. The asking price is $5,098,000. This is a rare opportunity to acquire a high-quality, net-leased asset with a blue-chip tenant in a dynamic growth market. The tenant is responsible for all taxes, insurance, common area maintenance, roof, and building structure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Easley
- County
- Pickens
- State
- South Carolina
- Longitude
- -82.5562
- Latitude
- 34.8249
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA
