For Sale
$5,098,000
5134 Calhoun Memorial HwyEasley, SC 29640
High-growth area, NNN lease, strong tenant.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 114
Highlights
- Greenville, SC is a top 25 fastest-growing US city, part of a MSA with Easley, SC located 8 miles west.
- Easley, SC, within the Greenville MSA, boasts 20% population growth since 2020 and a $98,750 average household income, with over 50 new development projects underway.
- A new 600-acre industrial park, offering 4 million square feet of warehouse/distribution space, is under construction 3 miles away and projected to create over 1,000 jobs.
- The property sits on a primary retail corridor in Easley (Highway 123, 39,500 VPD), near over 4 million square feet of retail, including a top-performing Walmart and Chick-fil-A.
- The tenant is Bridgestone Retail Operations, LLC, an "A" rated investment-grade tenant (S&P), operating over 2,200 Firestone locations nationwide, with $28.7B+ in 2023 revenue.
- The property features a 15-year NNN lease, corporately guaranteed by Bridgestone, with 5% rent increases every 5 years, covering taxes, insurance, and building maintenance. The 5,798 SF Firestone, with 7 service bays, is scheduled to open January 2025.
Property Details for 5134 Calhoun Memorial Hwy
- Property type
- Retail properties, Auto shops
- Square Feet
- 5,798 SF
- Year Built
- 2025
- Lot Size (sq. ft)
- 43,124 SF
Location Insight
- City
- Easley
- County
- Pickens
- State
- South Carolina
- Latitude
- 34.8249437
- Longitude
- -82.5563689
5134 Calhoun Memorial Hwy, Easley, South Carolina
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