Properties

Paul Mitchell The School, Greenville, SC

1215 - A Woodruff Road
Greenville, SC 29607

PROPERTY SOLD

Property: Investment Sales

Square Footage: 13,234

Acreage: 1.60

Price: $4,100,000

Cap Rate: Call

Description:

• Located at the intersection of I-85 and 385 about 7 miles from the CBD
• Positioned on a dominant commercial corridor between Kohl’s and Sam’s Club
• 13,234 SF school, salon and retail building developed on about 1.6 acres
• 12 year corporate net lease with rent bumps that commenced in August 2013
• The financed transaction closed escrow in January for about $4.1 million
• Buyer was a private and experienced investment group out of Connecticut