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1628 John B White SR
Spartanburg, SC 29301
Retail Property For Sale
Executive Summary
NAI Charleston is pleased to present the opportunity to acquire a ±2,365 SF freestanding Popeyes situated on ±0.89 acres along one of Spartanburg’s premier retail corridors. The property offers excellent visibility, convenient access, and a drive-thru configuration, with approximately six years remaining on the lease, providing stable, predictable cash flow. Surrounded by a strong concentration of national retailers and restaurants, the site benefits from consistent consumer traffic and is located within 30 minutes of downtown Greenville and 10 minutes of five colleges and universities, creating a diverse and growing customer base. Constructed in 2022, the property features modern improvements and presents an exceptional opportunity to acquire a newer, net-leased asset occupied by a nationally recognized quick-service restaurant brand. Located inside a dense retail corridor of Spartanburg, SC with convenient access from John B. White Blvd and approximately 30 minutes from downtown Greenville.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,438 SF
Building Class
C
Year Built
2022
Price
$3,517,500 CAD
Price Per SF
$1,442.78 CAD
Cap Rate
5.20%
NOI
$182,910 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.24 AC
Zoning
C - commercial (NEC)
Parking
16 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
104’ on John B White Sr Boulevard
Amenities
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 6-21-13-156.86 | Improvements Assessment | $130,851 CAD |
| Land Assessment | $54,873 CAD | Total Assessment | $185,724 CAD |
Property Taxes
Parcel Number
6-21-13-156.86
Land Assessment
$54,873 CAD
Improvements Assessment
$130,851 CAD
Total Assessment
$185,724 CAD
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