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109-133 William Jolley Dr 12,580 SF 100% Leased Industrial Building Spartanburg, SC 29303 $1,730,625 CAD ($137.57 CAD/SF) 7.26% Cap Rate
EXECUTIVE SUMMARY
7 separate bay units. Each rented out on 1 year leases. 4 units are +- 2000sq ft and 3 units +-1300sq ft. The place is run by a property manager that takes care of all the leases,payments and etc. building is about 12000 sq ft. Each unit has there own electrical meters. Water bill is shared. Each tenant has there own insurance for each of there business. Great income and location that is growing every year.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,730,625 CAD | Rentable Building Area | 12,580 SF |
| Price Per SF | $137.57 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1972 |
| Cap Rate | 7.26% | Parking Ratio | 4.18/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 12’6” |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 1 |
| Building Class | C | No. Drive In / Grade-Level Doors | 7 |
| Lot Size | 0.77 AC | ||
| Zoning | Industrial - Industrial | ||
| Price | $1,730,625 CAD |
| Price Per SF | $137.57 CAD |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.77 AC |
| Rentable Building Area | 12,580 SF |
| No. Stories | 1 |
| Year Built | 1972 |
| Parking Ratio | 4.18/1,000 SF |
| Clear Ceiling Height | 12’6” |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 7 |
| Zoning | Industrial - Industrial |
1 1
PROPERTY TAXES
| Parcel Number | 2-55-12-067.02 | Improvements Assessment | $31,176 CAD (2025) |
| Land Assessment | $6,669 CAD (2025) | Total Assessment | $37,845 CAD (2025) |
PROPERTY TAXES
Parcel Number
2-55-12-067.02
Land Assessment
$6,669 CAD (2025)
Improvements Assessment
$31,176 CAD (2025)
Total Assessment
$37,845 CAD (2025)
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CASCADIA HOLDINGS LLC
109-133 William Jolley Dr
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