2347 Cherry Rd

2347 Cherry Rd, Rock HillSC 29732

5,000 SF
$2,190,000

Listing Details

List Price
$2,190,000
Listing Price Per SF
$438.00
Total Income
$117,500
NOI
$117,500
Cap Rate
5.37%
List Date
9/30/2021
Available Date
9/30/2021
Possession
Now
Listing ID
27644595

Mattress Firm - 2347 Cherry Rd, Rock Hill

Presenting an exclusive, Fully-Leased, NN Investment property for sale. Located less than a mile from the Panther's future practice complex in Rock Hill, SC, this property features an successful Mattress Firm corporate store leased through 2027.

Mattress Firm has become a staple within the mattress industry with over 90 years of experience and more than 2500 stores throughout the US. With a 4.9 star rating on Google, this particular location has already established its presence in the community.

The current total annual net operating income of this property is $117,500, and that is presently under market value due to temporary COVID-19 relief provided by the landlord. At lease renewal in 2027, rent will increase almost 34%. This is an ideal property for an investor with a long-term strategy.

Space Details

Total Available
5,000 SF
Primary Use
Retail
Investment
NNN

Property Highlights

Type
 Retail: Freestanding
Size
5,000 SF, 0.85 Acres
Occupancy Type
Single Tenant
Number of Buildings, Floors
1 , 1
Submarket
CLT - York County

Contact

Todd Little

Blanq Real Estate

Attachments

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