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671 Spartanburg Hwy 5,904 SF 100% Leased Retail Building Hendersonville, NC 28792 $2,653,612 CAD ($449.46 CAD/SF) 5.89% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy Daytime Traffic
  • NOI $113,352 Annually
  • Investment Opportunity - Fully Leased Center

EXECUTIVE SUMMARY

INVESTMENT OPPORTUNITY - 4 Tenant Retail Center Now Available For Sale and Fully Leased. Building is located on the corner of Spartanburg Hwy and Chadwick Ave. There is a streetside Pylon Sign. Building is 5904/sf on 0.68/ac with 32 parking spaces.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,904 SF
Building Class
B
Year Built
1996
Price
$2,653,612 CAD
Price Per SF
$449.46 CAD
Cap Rate
5.89%
NOI
$156,256 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
0.68 AC
Zoning
HC - Highway Commercial
Parking
39 Spaces (6.61 Spaces per 1,000 SF Leased)
Frontage
286’ on Chadwick Avenue

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • 4 Seasons Tobacco & Vape
  • -
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Little Caesars is an American multinational pizza chain headquartered in Detroit, Michigan. Founded in 1959 in Garden City, Michigan, the company expanded through franchising beginning in 1962. It operates as part of Ilitch Holdings and is recognized as one of the largest pizza chains in the United States. Little Caesars is widely known for its Hot-N-Ready model, emphasizing quick service and consistent pricing. Over time, the company has grown to thousands of locations across all 50 U.S. states and numerous international markets. Its product lineup includes pizza, breadsticks, and related menu items.

  • Post Net
  • -
  • -
  • -
  • -
  • Accommodation and Food Services
  • -
  • -
  • -

Subway is a global quick-service restaurant brand specializing in made-to-order submarine sandwiches, wraps, salads, and related menu items. The company was founded in 1965 in Bridgeport, Connecticut, by Fred DeLuca with financing from Peter Buck, initially operating as Pete’s Super Submarine Sandwiches before adopting the Subway name. Subway transitioned to a franchised business model in the 1970s, becoming one of the most widely distributed restaurant brands worldwide.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
4 Seasons Tobacco & Vape - - - -
Accommodation and Food Services - - -
Post Net - - - -
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Planet Fitness
Starbucks
Ingles Markets
Eggs Up Grill
Publix
The Fresh Market
TD Bank
CrossFit
Truist
Wells Fargo Home Mortgage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9953197
Land Assessment
$694,213 CAD
Improvements Assessment
$755,556 CAD
Total Assessment
$1,449,768 CAD
  • Listing ID: 37648827

  • Date on Market: 2025-09-12

  • Last Updated:

  • Address: 671 Spartanburg Hwy, Hendersonville, NC 28792

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