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671 Spartanburg Hwy 5,904 SF 100% Leased Retail Building Hendersonville, NC 28792 $2,665,952 CAD ($451.55 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
$2,665,952 CAD
Price Per SF
$451.55 CAD
Cap Rate
5.89%
NOI
$156,982 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® Pizza is one of the most iconic brands in the world. With throughout countries and territories across the globe, Little Caesars® Pizza is beloved by millions. Their signature Hot-N-Ready® model allows customers to walk in-and-out in seconds or less with an affordable pizza that is as fresh as it is delicious. In the billion dollar worldwide pizza industry, Little Caesars® Pizza stands out as a brand that has a legacy of helping franchisees thrive, and a path towards an even brighter future of strong growth. Little Caesars® Pizza offers world class support and makes significant investments in new technology to help your business stay relevant with customers. With a straightforward business model enhanced by a strong culture of support and state-of-the-art technology.

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

Subway® is simply the better choice for freshly made, convenient, and affordable food. For a reason, they are one of the world’s largest restaurant brands, serving up a crave-able menu with better options to their millions of fans, every day. Whether it’s their bread baked fresh daily, new flavorful signature subs or their classic fan favorites made fresh to order, Subway® delivers a quality, delicious meal that people can feel good about. The Subway® story began in 1965 when Fred DeLuca asked his family friend, Dr. Peter Buck, a nuclear physicist, for advice on how to pay his college tuition. With an idea to open a submarine sandwich shop and an initial investment from Dr. Buck, the two formed a business partnership that would ultimately change the landscape of the quick-service restaurant industry.

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
Publix
The Fresh Market
TD Bank
CrossFit
Truist
Wells Fargo Home Mortgage
First Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9953197
Land Assessment
$707,231 CAD
Improvements Assessment
$769,724 CAD
Total Assessment
$1,476,955 CAD
  • Listing ID: 37648827

  • Date on Market: 2025-09-12

  • Last Updated:

  • Address: 671 Spartanburg Hwy, Hendersonville, NC 28792

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