1601 Poinsett Highway
1601 Poinsett Highway, Greenville, SC 29609
Absolute NNN Lease | Bank of America Branch | New 5 Year Term
Property Type |
Investment |
Status |
For Sale |
Sale Price |
$2,070,000 |
Acreage |
+/- .51 Acre(s) |
Square Feet |
+/- 2,991 Square Feet |
Zoning |
C-2/OD |
County |
Greenville |
Tax Map |
0168000200400 |
Contact Broker
Property Features
- Sale Price: $2,070,000 (4.75% CAP)
- Tenant Name: Bank of America
- Signator/Guarantor: Bank of America, National Association (Corporate)
- Lease Type: Absolute NNN, Landlord Responsibilities: None
- Rent Commencement Date: 10/1/2005 (Recently Exercised 3rd Renewal, 3 - 5 yr Options Remaining)
- Current Remaining Term: 5 Year Extension
- Current Annual Rent: $98,300 (12% Increase Every 5 Years)
- Located in busy Cherrydale area banking hub including Wells Fargo, Truliant, First Citizens & Chase. Added Value of .51 Acre lot on breakfast-side of the road in expanding Poinsett Highway Corridor
Property Documents
