Fully Leased NNN Strip - Target Outparcel - Greenville, SC MSA

Investment Overview

SVN | Palmetto is pleased to present the opportunity to acquire a brand-new, two-tenant retail center strategically positioned as an outparcel to a newly opened Target in Boiling Springs, South Carolina — one of the Upstate's fastest-growing and most active retail corridors. The property is 100% leased on a long-term, triple-net basis to McAlister's Deli and Blaze Pizza, delivering stable, passive income with minimal landlord responsibilities. Completed in 2025, the building comprises ±5,400 square feet of ground-up construction on ±0.88 acres, featuring EIFS/cementitious siding, an insulated membrane roof, poured concrete slab foundation, and 53 paved parking spaces. The building is fully sprinklered and served by five rooftop HVAC units — all of which are the responsibility of the tenants — making this a truly low-maintenance asset for ownership. Exceptional visibility and access further set this site apart, with a premier location at one of Target's primary entrances, prominent monument signage, and direct frontage on Double Bridge Road and quick access to Hwy 9 (±34,800 VPD). Boiling Springs has rapidly emerged as the dominant retail node in the Spartanburg MSA, driven by explosive residential growth and a deep lineup of national co-tenants including Target, Walmart, Lowe's, Publix, Chick-fil-A, Starbucks, and Whataburger. Situated just 10 minutes from downtown Spartanburg and centrally located between Charlotte (1.5 hours) and Atlanta (2.5 hours) via I-85 and I-26, the submarket benefits from outstanding regional connectivity. The broader Upstate South Carolina market — anchored by the Greenville-Spartanburg-Anderson MSA — has consistently ranked among the top markets in the nation for economic development, attracting major employers such as BMW, Michelin, and Milliken while posting population growth exceeding 15% over the last decade. For investors, this offering represents a rare combination of institutional-quality construction, credit tenancy, and long-term lease security in one of the Southeast's strongest-performing real estate markets.

Investment Highlights

• 100% leased to McAlister's Deli & Blaze Pizza
• Long Term NNN Leases - Minimal Landlord Responsibilities
• Outparcel to brand new Target center
• Convenient access to the lighted intersection of Hwy 9 & Double Bridge Rd.