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Union, SC - Walmart Shadow Retail
523 North Duncan Bypass
Union, SC 29379
PROPERTY SOLD
Property: Investment Sales
Square Footage: 4,900
Acreage: .70
Price: $1,080,000
Cap Rate: 7.75%
Description:
- Located about 25 miles SE of Spartanburg and outparcel to a Walmart Supercenter
- Brand new 4,900 SF three tenant building completed in December 2013
- 5-10 year NNN leases with rent bumps that commenced between January and March 2014
- Transaction closed escrow in September 2014 for approximately $1.05 million
- All cash buyer was a private family trust out of California completing a 1031 exchange


Downloads
Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile