–SperryCGA-Griffin Partners Press Release–
Griffin and Springfield Win Exclusive on Net Lease Fitness Deal
April 23, 2019
Greenville, South Carolina
Mark Griffin and Chris Springfield land exclusive right to sell a 25,000 sf fitness facility back by an established fitness business in Gaffney, SC. The facility is located in a Qualified Opporunity Zone with significant tax incentives all part of the TRUMP new tax legistlation. The facility is located close to major highways including I-85 as well as Limestone University. The business is well known and has been in the same location for many years. The existing Net Operating Income is $120,000 annually. The facility is well maintained with a full basketball court and raquetball courts. This is a great investment for a 1031 investor or investor looking for a great yield and take advantabe of Opportunity Zone tax credits. Mark Griffin, CCIM serves as Managing Principal at Griffin Partners and Chris Springfield, PMP serves as VP of Business Brokerage and Investment Sales. Griffin and Springfield won the assignment due to their decades of experience in commercial real estate and business brokerage backed by the Sperry Commercial footprint and global marketing capabilities.
About Sperry Commercial Global Affiliates: Sperry Commercial Global Affiliates, LLC offers the highest level of commercial real estate services available through thoughtful, cooperative, and ethical practices. The firm is headquartered in Irvine, CA, and combines more than 200 sales professionals and 32 affiliate operations across 34 offices throughout the United States. For more information, visit www.sperrycga.com.