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Fully Renovated and Leased Flex Warehouse 1253 S Pleasantburg Dr 5,500 SF Retail Building Greenville, SC 29605 $1,106,216 CAD ($201.13 CAD/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- 22,000 VPD
- Fully renovated
- Within path of the Augusta redevelopment corridor
- Comes with corner lot worth $300,000
EXECUTIVE SUMMARY
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
AMENITIES
- Corner Lot
- Signage
- Storage Space
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- $19.38 CAD
- Triple Net
- Apr 2029
Masters Car Stereo & Tint pioneered car audio in the Upstate and has been installing the best car electronics and luxury features ever since. Masters Car Stereo & Tint Specializes in Everything Car Electronics, Car Audio, and Car Accessories. Their Car Electronic Services range from Car Amplifiers & Speakers, Car Navigation & DVD Systems, LED & Neon Lighting, Backup Cameras, Bluetooth Solutions, Car Keyless Entry, and much more. In addition to Car Electronics, they also offer Premium Auto Window Tinting, Residential Window Tinting, and Commercial Window Tinting, as well as Clear Bra Paint Protection Film Services. Masters Car Stereo & Tint is a LLumar SelectPro Dealer for the Greenville and Easley area which offers the exclusive line of Formula One High Performance Auto Tint and Vista Window Films for Residential and Commercial use. The quality of film they install will greatly enhance the look, functionality, comfort, and energy efficiency of glass.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | $19.38 CAD | Triple Net | Apr 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | M015.03-02-002.01 | Improvements Assessment | $6,627 CAD |
| Land Assessment | $23,267 CAD | Total Assessment | $29,894 CAD |
PROPERTY TAXES
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Fully Renovated and Leased Flex Warehouse | 1253 S Pleasantburg Dr
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