1158 Cherry RD Active

Rock Hill,SC 29732

$ 779000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4042171

Year Built 2000

Lot Size 0.647 Acres

Property Description

PRIME LOCATION FOR SALE WALKING DISTANCE TO WINTHROP UNIVERSITY! BRAND NEW TENANT! BRAND NEW 5 YEAR LEASE WITH ONE 5 YEAR OPTION! WITH ANNUAL RENT INCREASES OF 5%! CAP RATE IS 5.4% AFTER NOVEMBER 1, 2024 WITH A NN LEASE! LANDLORD PAYS PROPERTY TAX FOR FIRST YEAR! LANDLORD ONLY RESPONSIBLE FOR ROOF AND STRUCTURE! ONLY 1.3 MILES AND A 20 MINUTE WALK TO WINTHROP UNIVERSITY! ONLY .4 MILES AND A 9 MINUTE WALK TO WINTHROP COLISEUM! 99 FT FRONTAGE ON CHERRY RD! BUILT IN 2000! 16 PARKING SPACES! 25,840 VEHICLES PASS BY PER DAY!

Location

State SC

County York

Zoning GC

Interior

Inclusions Building

Building

New Construction false

Others

Special Listing Condition None

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