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AUCTION DETAILS

Property #30: ±37,000 SF Flex Building

Wednesday, December 9th at 12:00PM

Photos


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Brief Description

±37,000 SF Flex Building at 1865 East Main Street in Duncan, SC

Auction will be held at the Spartanburg Marriott:

299 N Church St, Spartanburg, SC

 

Auction Schedule

Live Off-Site Auction

Began: Wednesday, December 09, 2015 at 12:30 PM EST

Location: 299 N Church St, Spartanburg, SC 29302

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Details

  • Auction Date & Time:  Wednesday, December 9th @ Noon
  • ±37,000 SF Office/Flex/Light Industrial  Space
  • Good Investment Opportunity - Cash Flowing!!
  • 2014 Gross Rents: $138,482.12
  • 2014 NOI: $63,014.29
  • 2015 Gross Rents: $121,555.07 (Through Oct. 31, 2015)
  • 2015 NOI: $59,993.08 (Through Oct. 31, 2015)
  • Value Add, Lease up opportunity w/ 42% vacancy
  • Excellent Location
  • Come bid YOUR price on December 9th!!

Featured Images

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Auction Terms

Terms & Conditions: An escrow deposit of 10% of the final contract price will be required in cash or good check on the day of the sale, balance is due at closing on or before Friday, January 15th, 2016. A 10% Buyers Premium (11% for Online Bidders) will be added to the winning bid to determine the final contract price paid by the purchaser. Purchaser pays for their portion of legal fees to close the sale. Property sells “as is, where is” with all faults and in its present condition with no warranty of any nature expressed or implied. Seller and Auction Company assume that the Purchaser has inspected the property prior to bidding and that it is suitable for his purposes. Property is subject to prior sale. Sale day announcements take precedence over this and any other information. Refer to survey for exact acreage. Auction Company is not responsible for errors and omissions.

 

This information has been taken from sources deemed to be reliable.  No warranty or representation, expressed or implied, is  made to the accuracy of this information. Any and all prices, lease rates or other pertinent data may change without notice.  Interested parties should conduct their own investigations and rely solely on their findings.

Directions

From Columbia, SC / Follow I-26 W to US-221 N in Spartanburg County, Take exit 28 from I-26 W, Slight right onto US-221 N (signs for Spartanburg), destination will be on the right (299 North Church Street, Spartanburg, SC)

From Charlotte, NC / Follow I-85 S to I-585 S/US-176 E/N Pine St in Southern Shops. Take exit 5A from I-85BUS S, Continue on US-176 E/N Pine St,Turn right onto E Daniel Morgan Ave, Turn left onto N Church St, destination will be on the left

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