8110 White Horse Rd, Greenville, SC 29617-1836
This exceptional 16,975 square foot retail storefront, located at 8110 White Horse Rd in Greenville, South Carolina, presents a compelling investment opportunity. The property boasts a 7.50% cap rate and a current net operating income (NOI) of $131,787. The building, renovated in 2013, sits on a 1.84-acre lot and is currently 100% occupied by Flowers Foods (Flowers Bakery), a historically recession-proof tenant with a BBB investment-grade rating. The lease is a triple-net (NNN) agreement, meaning the tenant is responsible for most operating expenses, with the landlord responsible only for roof and structural components. The current lease expires in June 2028, providing immediate cash flow, and includes two, five-year renewal options with a 10% rent increase in each option period. The asking price is $1,757,000, translating to $103.51 per square foot. This property offers a stable, long-term investment with significant upside potential. The property's location in Greenville, SC, within Greenville County, zip code 29617, ensures high visibility and accessibility. This is a rare opportunity to acquire a high-performing retail asset with a strong tenant and favorable lease terms.
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Flowers Baking Co (Nature's Own) Bakery Specialty Food Shop
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
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Greenville, SCGreenville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.