2347 Cherry Rd

Retail: Freestanding

2347 Cherry Rd, Rock HillSC 29732

Property Details

Location

Address
2347 Cherry Rd, Rock HillSC 29732
County
York
Submarket
CLT - York County
Parcels
6340801209

Building Size

Building Size
5,000 SF

Building Details

Type
 Retail: Freestanding
Number of Buildings
1
Occupancy Type
Single Tenant
Number of Tenants
1
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
2016
Year Renovated
2018
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.85 Acres
Land (SF)
37,026 SF
Zoning
GC
Lot Depth
Lot Width

Contacts

Current Listings

Mattress Firm - 2347 Cherry Rd, Rock Hill

5,000 SF$2,190,000
Cap Rate: 5.37%
Blanq Real Estate

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.

Blanq Real Estate

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.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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