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518 Haywood Rd
Greenville, SC 29607
Retail Property For Sale


Executive Summary
This property is secured by an absolute triple net (NNN) lease with a 20-year initial term, providing reliable long-term income. The lease features 10 percent rent increases every five years, ensuring scheduled revenue growth. Built in 2023, the asset is backed by more than three years of strong operating history and supported by a well-established franchisee with a multi-store guaranty. Positioned with full access in a major Greenville trade area, the site is surrounded by top national retailers including Chick-fil-A, Apple, and Chipotle, enhancing consumer traffic and brand synergy. The property benefits from strong demographics within the dominant Greenville retail corridor and is located on Haywood Road, close to dense residential neighborhoods and a high daytime population, offering exceptional visibility and connectivity.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,876 SF
Building Class
B
Year Built
2020
Price
$3,209,818 CAD
Price Per SF
$1,710.99 CAD
Cap Rate
5.50%
NOI
$176,540 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.84 AC
Zoning
S1
Property Taxes
| Parcel Number | 0284.00-02-013.08 | Improvements Assessment | $97,939 CAD |
| Land Assessment | $78,262 CAD | Total Assessment | $176,201 CAD |
Property Taxes
Parcel Number
0284.00-02-013.08
Land Assessment
$78,262 CAD
Improvements Assessment
$97,939 CAD
Total Assessment
$176,201 CAD
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