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2050 E Main St
Spartanburg, SC 29307
Retail Property For Sale

Investment Highlights
- - Single-tenant net leased Advance Auto Parts investment opportunity - ±8,075 SF retail building on ±0.88 acres
- - Established location operating since 1994 - National automotive tenant with corporate backing
- - NNN lease structure with limited landlord responsibilities - Convenient access to major retail corridors and Spartanburg
- - Located at 2050 East Main Street, Spartanburg - Strong visibility along East Main Street with ±26,500 VPD
- - Approximately 2.5 years remaining on current lease term - Two additional 5-year renewal options
- - Surrounded by dense residential development and strong demographics - 36 on-site parking spaces
Executive Summary
Located at 2050 East Main Street in Spartanburg, this single-tenant investment opportunity features an established Advance Auto Parts location with a long operating history dating back to 1994. The ±8,075 SF building sits on ±0.88 acres along highly trafficked East Main Street with approximately 26,500 VPD. The property is backed by a nationally recognized tenant and offers stable NNN lease income with renewal options in place. Positioned within a densely populated trade area and surrounded by strong residential growth, the site benefits from excellent visibility, convenient access, and a built-in customer base in one of the Upstate’s fastest-growing markets.
- Single-tenant net leased Advance Auto Parts investment opportunity
- ±8,075 SF retail building on ±0.88 acres
- Located at 2050 East Main Street, Spartanburg
- Strong visibility along East Main Street with ±26,500 VPD
- Established location operating since 1994
- National automotive tenant with corporate backing
- Approximately 2.5 years remaining on current lease term
- Two additional 5-year renewal options
- NNN lease structure with limited landlord responsibilities
- 36 on-site parking spaces
- Surrounded by dense residential development and strong demographics
- Convenient access to major retail corridors and Spartanburg amenities
- Offered at $1,600,000 with NOI of $88,200
- Single-tenant net leased Advance Auto Parts investment opportunity
- ±8,075 SF retail building on ±0.88 acres
- Located at 2050 East Main Street, Spartanburg
- Strong visibility along East Main Street with ±26,500 VPD
- Established location operating since 1994
- National automotive tenant with corporate backing
- Approximately 2.5 years remaining on current lease term
- Two additional 5-year renewal options
- NNN lease structure with limited landlord responsibilities
- 36 on-site parking spaces
- Surrounded by dense residential development and strong demographics
- Convenient access to major retail corridors and Spartanburg amenities
- Offered at $1,600,000 with NOI of $88,200
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,304 SF
Building Class
B
Year Built
1994
Price
$2,213,680 CAD
Price Per SF
$303.08 CAD
Cap Rate
5.51%
NOI
$122,029 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.85 AC
Zoning
Commercial
Parking
36 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 7-09-11-008.00 | Improvements Assessment | $47,956 CAD |
| Land Assessment | $36,361 CAD | Total Assessment | $84,317 CAD |
Property Taxes
Parcel Number
7-09-11-008.00
Land Assessment
$36,361 CAD
Improvements Assessment
$47,956 CAD
Total Assessment
$84,317 CAD
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