Windsor Place, Anderson

1520 E Greenville Street
Anderson, SC 29621

PROPERTY SOLD

Property: For Sale, Investment Sales

Square Footage: 82,292

Acreage: 9.58

Price: $4,750,000

Cap Rate: 9.0%

Description:

(In Contract)

  • Over 14% cash-on-cash return potential with available market debt
  • 96% occupied with historically high occupancy levels and solid tenant mix
  • Tremendous upside potential with well below market rents in place ($5.00 PSF average)
  • Significantly below replacement costs at $58 PSF
  • Prime location on a major corridor (SC Hwy 81) at a signalized intersection
  • Excellent visibility with frontage and access on 3 roads
  • Strong traffic counts and population with over 22,000 cars per day on Hwy 81 and 68,500 residents in a 5 mile radius
  • Neighboring properties include Walgreens, CVS, Sonic, Wells Fargo, BB&T, First Citizens Bank, Dollar General, Chick-fil-A, Publix, and National HealthCare Corporation
  • Nearby major points of interest include Anderson University (2,900 students), Anderson Medical Center, Anderson County Museum, McCants Middle School, and TL Hanna High School

Windsor Place, Anderson

Downloads

Marketing Package         

Investment Summary         

Demographics         

Site Plan         

Aerials         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile