2125 Main StSpartanburg, SC 29307

  • Retail space
  • 12,210 SF

Property Details for 2125 Main St

Year built
2021
Construction
BRICK
Lot size
1.41 AC
Property size (Sq ft)
12,210 SF
Property type
Retail space
APN
7-0900-01705
APU
7090001705

Description

This exceptional retail opportunity presents itself at the Eastpointe Shopping Center, located at 2125 E Main St, Spartanburg, SC 29307. The property is a well-established strip center boasting a total of 30,000 square feet and currently features a diverse mix of successful tenants including Aspen Dental, ATI Physical Therapy, McDonald's, Extra Space Storage, Cato, Pizza Hut, and Sally Beauty Supply. This high-traffic location on US-29 offers excellent visibility and accessibility, complemented by ample parking. Two spaces are immediately available, with flexible sizes ranging from 3,040 to 5,000 contiguous square feet. A build-to-suit option is available for a space up to 5,000 square feet, allowing for customization to meet specific business needs. The property is zoned B-1, providing versatility for a range of retail uses. Currently, 8,040 square feet are vacant, presenting a significant opportunity for expansion or new tenancy within this thriving commercial center in Spartanburg County. The property's strong tenant roster and strategic location make it an ideal investment for businesses seeking high visibility and a robust customer base. Contact us today to learn more about this exceptional retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,466,455
    6.5%
    $3,199,804
    7%
    $2,971,247
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,533,228
    Geo Method
    $2,533,228
  • Alternative Use

    Use
    Valuation
    Residential
    $2,699,155
    Hospitality
    $2,472,411
    Educational
    $2,057,017
    Medical
    $2,127,761
    Retail
    $3,199,804

Location Insight

City
Spartanburg
County
Spartanburg
State
South Carolina
Latitude
34.9744
Longitude
-81.8797
CBSA code
43900
CBSA name
SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$59,789
$32,105
$94,223
$126,328
-
$552,300
$1,620,900
$2,173,200

FAQs

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