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780 John B White SR Blvd
Spartanburg, SC 29306
Retail Property For Sale
Investment Highlights
- Positioned along a major retail corridor connecting Downtown Spartanburg and the Westside.
- Approximately 18,000 vehicles per day pass the location, ensuring strong exposure.
- Flexible space configuration suitable for diverse retail tenants.
- Excellent visibility and access at a signalized intersection.
- Existing low rents provide substantial upside for income enhancement.
Executive Summary
This retail property offers an attractive value-add opportunity in a high-demand Spartanburg corridor. Situated between Downtown Spartanburg and the rapidly growing Westside, this site benefits from excellent visibility along John B. White Sr. Boulevard, a major thoroughfare with a traffic count of approximately 18,000 vehicles per day. Located at a signalized intersection, the property ensures convenient ingress and egress for tenants and visitors.
The center currently features low rental rates, creating significant potential for rent growth. With 2,800± square feet of flexible layout, the property is well-suited for a range of retail uses, making it a compelling acquisition for investors seeking repositioning or income improvement. Spartanburg’s strong economic growth, driven by manufacturing, healthcare, and educational sectors, further enhances the long-term prospects of this asset. Offered for sale at $600,000, the property delivers both immediate operational leverage and future upside opportunity.
The center currently features low rental rates, creating significant potential for rent growth. With 2,800± square feet of flexible layout, the property is well-suited for a range of retail uses, making it a compelling acquisition for investors seeking repositioning or income improvement. Spartanburg’s strong economic growth, driven by manufacturing, healthcare, and educational sectors, further enhances the long-term prospects of this asset. Offered for sale at $600,000, the property delivers both immediate operational leverage and future upside opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
1971
Price
$844,200 CAD
Price Per SF
$211.05 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.52 AC
Parking
13 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 7-15-12-024.00 | Improvements Assessment | $5,361 CAD |
| Land Assessment | $5,462 CAD | Total Assessment | $10,823 CAD |
Property Taxes
Parcel Number
7-15-12-024.00
Land Assessment
$5,462 CAD
Improvements Assessment
$5,361 CAD
Total Assessment
$10,823 CAD
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