1253 S Pleasantburg Dr - Storefront FOR SALE


Greenville, SC 29605- Outer Greenville/Gantt
$799,000 USD
864-477-4757
1253 S Pleasantburg Dr, Greenville, SC for Sale
$799,000 USD
Storefront - FOR SALE
1/20
null | 9% Cap Rate

1253 S Pleasantburg Dr
Greenville, SC 29605
Outer Greenville/Gantt


HIGHLIGHTS

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

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Renovated and Leased Flex Warehouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

Commercial

APN/PARCEL ID

M015.03-02-002.01

ASK ABOUT THIS PROPERTY

Jace PerryDiamond InvestmentsMore Info
864-477-4757

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Jace PerryDiamond InvestmentsMore Info
864-477-4757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.