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408 North Main Street
Mauldin, SC 29662
Asking Price
$795K
Cap Rate
5.87%
Asset Type
Auto Shop Retail
Class
Class B
What's Special
Retail | 5.87% CAP | 5,124 SqFt <ul><li>±5,124 SF buidling on ±27,312 SF of fee simple land</li><li>Occupied by national tenant, Goodyear Tires with lease expiring in February 2031 years</li><li>Goodyear is publicly traded on NASDAQ: GT</li><li>Situated on major corridor, Main Street</li><li>Excellent going-in Cap Rate and low price point</li><li>Long standing tenant who has occupied the building since 1985.</li></ul>
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NOI
$80,000
Cap Rate
10.06%
DSCR
1.69
Strong
Cash-on-Cash
13.75%
Monthly Payment
$3,933.226
Annual Cash Flow
$32,801.285
