Virginia College, Spartanburg MSA

8150 Warren H. Abernathy Hwy
Spartanburg, SC 29301

Located at the convergence of I-26 and I-85, one mile west of Westgate Mall
The 50,024 SF former furniture store was redeveloped in 2010 on a 5.88 acres
Virginia College is on a 15 year pure NNN lease with 1% rent bumps annually
The transaction closed escrow on March 30th, 2011 for $8.7 million
The buyer was a private investment company out of the Northeast

Cap Rate:

Call

Price:

$8,700,000

Property Type:

NNN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427