1714 Circle Rd - Warehouse FOR SALE


Easley, SC 29642
$600,000 USD
803-873-8153
1714 Circle Rd, Easley, SC for Sale
$600,000 USD
Warehouse - FOR SALE
1/22
null | 7% Cap Rate

1714 Circle Rd
Easley, SC 29642


HIGHLIGHTS

  • Stable Cash Flow – $42,000 annual NOI; 7% Cap Rate at $600,000. Rent increases over time.
  • True Mailbox Money – Rent direct deposited by tenant into your account (NNN lease)
  • Long-Term Corporate Tenant – Corporate Connection, multi-location executive relocation company, currently in Year 2 of a 10-year lease
  • Fully Renovated 2,500 SF Metal Building on 0.5-acre lot (completed May 2024)
  • Low Landlord Responsibility – Tenant pays 100% of property taxes, insurance & maintenance (landlord responsible only for new roof & structure)
  • Prime Location – Less than 80 seconds from I-85 (Exit 39) and just 10 minutes to downtown Greenville

OVERVIEW

This property is the very definition of true mailbox money. This Class-A tenant’s rent is direct-deposited straight into your account every month—no hassle, no chasing, no headaches. With a long-term corporate tenant in place under a triple-net lease (NNN), this is about as passive as real estate investing gets. Property Highlights: -Address: 1714 Circle Rd, Powdersville, SC -Size: 2,500 SF fully renovated metal building on a half-acre lot -Tenant: Corporate Connection – a highly successful, multi-location executive relocation company -Use: Secure storage for exotic and classic cars (corporate and personal) -Lease: 10 years (currently in Year 2) with 2% rent bumps every 2 years -Income: $42,000/year NOI, 7% cap rate at asking price of $600,000 -Tenant Obligations: Tenant pays 100% of property taxes, insurance, and maintenance (landlord only responsible for roof and structure—both brand new and in mint condition) -Already appraised and can be made available if requested. Recent Capital Improvements (2024): -Brand new roof + 4 new skylights -Full electrical system upgrade -New water line, meter, and drainage system -Fresh sod, 110 yards of fiber concrete, and regraded lot Location Advantages: -Less than 80 seconds to I-85 (Exit 39) -10 minutes to downtown Greenville -Anderson County = favorable tax benefits Investment Summary: -This is a fully stabilized, turnkey asset with a committed tenant who maintains the property like an owner. With nothing left to do but collect checks, this opportunity offers investors peace of mind, long-term stability, and effortless cash flow. Mailbox money doesn’t get more literal than this.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$240 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

Lighting, Water - City, Sewer - City

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.48

LAND SF

20,909

ZONING

-

APN/PARCEL ID

237-00-15-005

ASK ABOUT THIS PROPERTY

Drew ShahoudMysteryBox, LLCMore Info
803-873-8153

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Drew ShahoudMysteryBox, LLCMore Info
803-873-8153

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