Properties

Tuffy Auto, Greer, SC

1 Fairview Road
Greer, SC 29687

PROPERTY SOLD

Property: Investment Sales

Acreage: 0.83

Price: $1,623,400

Cap Rate: Call

Description:

• Located in the Greenville MSA with a population of approximately 1.25 million
• 5,100 square foot building developed on .83 acres completed in Summer 2008
• Signalized pin corner on trade area’s primary corridor adjacent to a Target center
• Tuffy is on a 20 year NNN corporate lease with 10% rent bumps every 5 years
• Tuffy Associates Corp. has approx. 450 locations in the Midwest and Southeast
• All cash transaction closed escrow on April 30, 2010 for $1,623,400
• The unleveraged buyer was a private foreign investor out of Canada