RealtyLink Development

Starbucks, Mattress Firm, Zoes Kitchen

1130 Woodruff Road
Greenville, SC 29607

Property: Investment Sales

Square Footage: +/- 11,061

Acreage: +/- 1.13

Price: $5,387,000

Cap Rate: 6.50%

Description:

  • 2013 construction on irreplaceable real estate in a dominant trade area at the intersection of I-85 and I-385
  • Long term corporate leases with industry leading and nationally recognized brands
  • Trade area consists of over 4 million SF of retail and restaurant space that is 98% occupied
  • Directly across from Magnolia Park, a 1.1 million SF town center anchored by Cabela’s, Costco and Regal Cinemas
  • Adjacent to Target, Home Depot, Academy Sports, Trader Joe’s, and many more retailers/restaurants
  • Over 40,000 cars/day in front of subject property and over 205,000 cars/day passing through the I-85/385 interchange
  • Over 153,800 residents in a 5 mile radius with $81,600 average household income
  • Greenville is North American headquarters for BMW and Michelin and has an MSA population over 1.5 million making it a top 40 MSA
  • Strategic regional position along the booming I-85 corridor between Atlanta and Charlotte
  • I-85/385 Gateway Project: An estimated 5 year $231 million road improvement project surrounding the property, making it the 2nd largest transportation project in SC history