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100 Bailey Plant Rd 284,230 SF Industrial Building Clinton, SC 29325 $12,661,308 CAD ($44.55 CAD/SF)

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Executive Summary

100 Bailey Plant Road, a 284,230-square-foot industrial warehouse located in Clinton, South Carolina (Greenville MSA) priced at $9,695,000 / 9.00% Cap Rate / $34.11 PSF, representing a compelling discount to replacement cost and recent comparable transactions. The single tenant occupant has ~70 years of operating history. The offering includes a seven-year triple-net (NNN) lease at a base rent of $3.07 PSF, approximately 20% below current market levels. Situated on a 30-acre site, the property features brick construction, heavy power with a substation onsite, potential rail access, ESFR and wet sprinklers, 20-foot clear heights, 5–7% office space, full-building HVAC, and potential for additional dock positions. Its strategic location offers excellent access to I-385 and I-26, key logistics corridors serving the Greenville-Spartanburg region.
Contact broker for offering materials.

Attachments

Richloom Flyer

Property Facts

Price $12,661,308 CAD
Price Per SF $44.55 CAD
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 29.42 AC
Rentable Building Area 284,230 SF
No. Stories 1
Year Built 1967
Tenancy Single
Parking Ratio 1.06/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 4
Opportunity Zone Yes

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Manufacturing
  • -
  • -
  • -

Richloom, founded by Fred Richman, is a third generation family operated and owned home furnishing business. After working in his father’s textile business, Fred started Richloom Fabrics Group in 1957 with a $5,000 loan. Fred passed away in 2020, but not before he saw his company grow into the global multi- faceted textile and finished goods company it is today. Headquartered in New York City with major operations in North and South Carolina, Richloom services a wide range of customers and industries. Richloom supplies the upholstery, decorative jobber, hospitality, over-the-counter retail, casual outdoor furniture, cruise and RV industries, manufacturing textiles around the globe and offering an expansive product range from prints and wovens, to intricate decorative textiles and finished product. With the ability to adapt swiftly to global needs, Richloom has major offices in Shanghai, North and South Carolina, and Indiana.

Tenant Industry SF Occupied Rent/SF Lease End
Manufacturing - - -

Property Taxes

Property Taxes

Parcel Number
592-00-00-002
Land Assessment
$9,202 CAD
Improvements Assessment
$313,080 CAD
Total Assessment
$322,282 CAD
  • Listing ID: 38566296

  • Date on Market: 2025-11-25

  • Last Updated:

  • Address: 100 Bailey Plant Rd, Clinton, SC 29325

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