Properties

Bridgestone, Simpsonville, SC

2523 Woodruff Road
Simpsonville, SC 29681

PROPERTY SOLD

Property: Investment Sales

Price: $2,580,500

Cap Rate: Call

Description:

• Located 10 miles southeast of downtown Greenville in the thriving Five Forks community
• Property consists of a 7,575 SF auto service center built on .86 acres in the 4th quarter of 2010
• Bridgestone is on a 15 year NNN lease with 6.5% rent bumps every 5 years including options
• Affluent trade area with a median household income of $113,000 in a 1 mile radius of property
• The $2,580,500 all cash transaction closed escrow 5 weeks after tenant opened for business
• The buyer was a private investment group out of the Los Angeles, California metro area