1010 White StRock Hill, SC 29730
- Other commercial real estate
- 5,425 SF
Property Details for 1010 White St
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 5,425 SF
- Property type
- Other commercial real estate
- APN
- 626-03-01-010
- APU
- 6260301010
Description
This exceptional investment opportunity presents a 5,436-square-foot warehouse located at 1010 E White St, Rock Hill, SC 29730. The property, built in 1975, sits on a 0.278-acre lot and is zoned IG. Currently 100% occupied by STR Mechanical under a Net Lease agreement, the property boasts a strong 7.20% cap rate with a NOI of $54,360. The lease, initiated October 1, 2021, extends to November 30, 2027, with two 2-year renewal options, each including a 5% annual rent increase. The single-story building features three dock-high doors and one grade-level door, along with individual offices, a reception/showroom area, and ample warehouse space. This is a prime investment opportunity in a thriving location, offering a secure, long-term lease with significant upside potential. The property's features include a single unit, one building, and is situated in York County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,043,886
- Hospitality
- $1,872,189
- Educational
- $1,557,639
- Medical
- $1,611,209
- Retail
- $2,422,994
Location Insight
- City
- Rock Hill
- County
- York
- State
- South Carolina
- Latitude
- 34.9189
- Longitude
- -81.01
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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