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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

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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
$1,106,216 CAD
Price Per SF
$201.13 CAD
Cap Rate
9%
NOI
$99,559 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
  • -
  • $19.38 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

Starbucks
Chicken Salad Chick
Chase
Crunch Fitness
9Round
barre3

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
M015.03-02-002.01
Land Assessment
$23,267 CAD
Improvements Assessment
$6,627 CAD
Total Assessment
$29,894 CAD
  • Listing ID: 34923533

  • Date on Market: 2025-02-24

  • Last Updated:

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

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