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106 Stone Village Dr
Greenville, SC 29615
The Goddard School · Retail Property For Sale

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EXECUTIVE SUMMARY

Long-Term Lease: This brand new 2025 Absolute Net lease includes a 20-year initial term with four additional 5-year renewal option periods.
Strong Rent Increases: With base rent increases of 7.5% every 5 years, this property offers its investors steady, long-term financial growth.
Minimal Landlord Responsibilities: Structured as a Absolute Net lease, this property gives investors the opportunity to generate stable returns with minimal landlord responsibilities.
Leading Early Childhood Education Provider: The Goddard School is nationally recognized as the premier provider of early childhood education. In 2023, it was also distinguished as a top Recession-Proof Franchise, highlighting its stability and reliability in challenging economic times.
Highly Recognized Franchisee: The tenant, a Goddard School franchisee, continues to receive multiple awards and was the top ranked among over 520 schools nationwide in 2019.
State-of-the-Art Construction: This brand new, 2025 Built-to-Suit for The Goddard School features top-tier class A+ amenities for its teachers and students.
Strategic Location in a Strong Commercial Corridor: Located within the commercial corridor of Pelham Rd and I-85, one of the busiest retail corridors in the Upstate of SC, and closely situated to strong retail presences, such as Walmart, Lowes Foods, Chick-fil-A, and Starbucks, this property is uniquely poised to benefit from its strong market exposure.
Directly Across from Large, Up-Scale Living Community: This property sits directly across from one of the main entrances of Thornblade neighborhood, a living community that boasts approx. 400 houses with an average price of $1.2 million. Thornblade has also been the proud host of the BMW Pro-Am golf tournament for the past 15 years.
Strong Demographics: With a 5 mile population density of ±147,000 people and a 3 mile average household income of $124,536, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Rapidly Developing Market: Greenville, along with the Upstate of South Carolina as a whole, has gained recognition as a prime destination and rapidly growing city, attracting major employers like BMW Manufacturing, Michelin North American Headquarters, GE, Lockheed Martin, and many more.

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
15,000 SF
Building Class
A
Year Built
2025
Price
$12,895,655 CAD
Price Per SF
$859.71 CAD
Cap Rate
7%
NOI
$902,653 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.65 AC
Zoning
C-2 Greenville County - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0533.04-01-012.01
Land Assessment
$98,820 CAD
Improvements Assessment
$0 CAD
Total Assessment
$98,820 CAD
  • Listing ID: 36356291

  • Date on Market: 2025-06-23

  • Last Updated:

  • Address: 106 Stone Village Dr, Greenville, SC 29615

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