2280 Cherry Rd, Rock Hill, SC 29732
627 SF | Retail Building | Rock Hill, SC 29732 | $1,133,000 ($1,807/SF) | 6% Cap Rate
For Sale
Active
Asking Price $1,133,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 627 SF
- Price / Square Foot
- $1,807
Listing Contacts
David Hoppe
Ben Olmstead
Property Overview
Well Known, Brand Name Tenant Driving Sales
- Scooter’s Coffee has over 600 stores, with plans to open 1,000 stores by the end of 2024
- Located in over 20 states
Attractive Lease Fundamentals
- 20 year ground lease provides next owner with zero landlord responsibilities
- 10% rental increases in primary and option periods
Strong Surrounding Demos in High-Growth MSA
- More than 48K people live in a 3-mile radius
- AHHI is approximately $90K in a 3-mile radius
- Charlotte MSA ranks as the 8th fastest growing metro in the country
Located on Rock Hill’s Main Retail Corridor
- Over 1.6MSF of retail space is located in a 1-mile radius, boasting a 0.8% vacancy rate
- Nearby national retailers include: Publix, Aldi, Chick-Fil-A, Chipotle, Dunkin, and Burger King
Well Positioned on High Trafficked Road
- Subject site is positioned on the morning side of Cherry Rd (32,300) to I-77 (71,900)
- Over 84 feet of frontage on Cherry Rd
- Less than 1 mile to I-77 exit
- Scooter’s Coffee has over 600 stores, with plans to open 1,000 stores by the end of 2024
- Located in over 20 states
Attractive Lease Fundamentals
- 20 year ground lease provides next owner with zero landlord responsibilities
- 10% rental increases in primary and option periods
Strong Surrounding Demos in High-Growth MSA
- More than 48K people live in a 3-mile radius
- AHHI is approximately $90K in a 3-mile radius
- Charlotte MSA ranks as the 8th fastest growing metro in the country
Located on Rock Hill’s Main Retail Corridor
- Over 1.6MSF of retail space is located in a 1-mile radius, boasting a 0.8% vacancy rate
- Nearby national retailers include: Publix, Aldi, Chick-Fil-A, Chipotle, Dunkin, and Burger King
Well Positioned on High Trafficked Road
- Subject site is positioned on the morning side of Cherry Rd (32,300) to I-77 (71,900)
- Over 84 feet of frontage on Cherry Rd
- Less than 1 mile to I-77 exit
Property Details
- Class
- C
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Freestanding, Storefront
- Lot Size (sq. ft)
- 20,909 SF
Highlights
- Well Known, Brand Name Tenant Driving Sales
- Well Positioned on High Trafficked Rd
- Attractive Lease Fundamentals
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