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1410 Old Springdale Rd
Rock Hill, SC 29730

$3,400,000 USD

Restaurant For Sale  •  5,477 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,610 SF
  • Lot Size 0.83 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 5.98 %
  • Tenancy Single
  • Zoning CC
0 Transit Score
50 Walk Score

Highlights

Trophy Location: The Property offers a rare opportunity to enter one of Rock Hill’s most sought-after retail corridors
Early 5-Year Extension: The tenant has proactively exercised an early 5-year lease extension, demonstrating strong commitment to the site
Strong Traffic Counts: Positioned on the hard, signalized corner of Dave Lyle Blvd and Galleria Blvd
Built-In Rent Growth: The lease structure includes 2% annual rent increases, providing predictable income growth and enhancing long-term cash flow
Charlotte, NC MSA: Rock Hill is a rapidly growing suburb within the Charlotte MSA, located just 30 minutes south of downtown Charlotte
Strong Population Growth: Rock Hill has experienced steady population growth over the past decade, driven by its proximity to Charlotte

Property Flyers

Cap Rate: 5.98 %

Major Tenants

Tenant SF Occupied Lease End Date
Ruby Tuesday

Public Transportation

AirportDriveWalkDistance
Charlotte/Douglas International 36 min - 21.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 64
Type: Surface
Included in Rent: Yes
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services
Nathan Roberto 214-295-8753 Matthews Real Estate Investment Services