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Fully Renovated and Leased Flex Warehouse 1253 S Pleasantburg Dr 5,500 SF Retail Building Greenville, SC 29605 $1,092,664 CAD ($198.67 CAD/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 22,000 VPD
  • Fully renovated
  • Within path of the Augusta redevelopment corridor
  • Comes with corner lot worth $300,000

EXECUTIVE SUMMARY

Diamond Investments presents the opportunity to acquire a fully leased, renovated light industrial building with storefront space on S Pleasantburg Drive near Augusta Road. The property is 100% leased by a single NNN tenant with a longstanding family business in Greenville spanning several generations.
The property includes 2 parcels totaling .48 acres. The asking price is $800,000 for the building parcel and $300,000 for the large, developable corner lot. One parcel features a 5,500 sq ft warehouse-style space with two oversized garage bay doors. The other parcel, a corner lot valued at $300,000, is currently leased to a tenant who uses it for parking.
This location provides easy access to I-85 and I-385, and is just minutes from Downtown Greenville, SC. Traffic data from SCDOT indicates approximately 22,000 vehicles pass along Pleasantburg daily, just blocks from some of the most expensive homes in the region.
The building has been completely renovated, with upgrades including an automatic sliding garage door and a concrete ramp for vehicle access into the warehouse area.
Please note that some photos are from before the tenant moved in.
Bonus: Research the Augusta Corridor project to discover how you could realize substantial upside on this investment.
Contact us for more information!

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
5,500 SF
Building Class
C
Year Built/Renovated
1977/2023
Price
$1,092,664 CAD
Price Per SF
$198.67 CAD
Cap Rate
9%
NOI
$98,340 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.26
Lot Size
0.48 AC
Zoning
Commercial - C-2
Parking
16 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
192’ on Pleasantburg Dr

AMENITIES

  • Corner Lot
  • Signage
  • Storage Space
  • Monument Signage

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $19.15 CAD
  • Triple Net
  • Apr 2029

Masters Car Stereo & Tinto a été le pionnier de l'audio automobile dans le UpState et a installé les meilleurs appareils électroniques automobiles et des caractéristiques de luxe depuis lors. Masters Car Stereo & Tinto se spécialise dans tout ce qui concerne l'électronique automobile, l'audio automobile et les accessoires automobiles. Leurs services électroniques de voiture comprennent des amplificateurs et haut-parleurs de voiture, des systèmes de navigation et de DVD de voiture, des éclairages à DEL et au néon, des caméras de secours, des solutions Bluetooth, des entrées sans clé de voiture et bien plus encore. En plus de l'électronique automobile, ils offrent également des services de teinture de vitres automatiques haut de gamme, de teinture de vitres résidentielles et de vitres commerciales, ainsi que des services de film de protection de peinture pour soutien-gorge transparent. Masters Car Stereo & Tinte est un concessionnaire Llumar SelectPro de la région de Greenville et d'Easley qui offre la gamme exclusive de films de teinture automatique haute performance Formula One et de films pour vitres Vista à usage résidentiel et commercial. La qualité du film qu'ils installent améliorera grandement l'apparence, la fonctionnalité, le confort et l'efficacité énergétique du verre.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $19.15 CAD Triple Net Apr 2029

NEARBY MAJOR RETAILERS

Starbucks
Chicken Salad Chick
Chase
Crunch Fitness
9Round
barre3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M015.03-02-002.01
Land Assessment
$22,564 CAD
Improvements Assessment
$6,427 CAD
Total Assessment
$28,992 CAD
  • Listing ID: 34923533

  • Date on Market: 2025-02-24

  • Last Updated:

  • Address: 1253 S Pleasantburg Dr, Greenville, SC 29605

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