191 Watershed Wy - Industrial FOR SALE


Spartanburg, SC 29301
$6,300,000 USD
864-679-3632
191 Watershed Wy, Spartanburg, SC for Sale
$6,300,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

191 Watershed Wy
Spartanburg, SC 29301


HIGHLIGHTS

  • Net leased investment with long-term tenant in place
  • 60,000 SF tilt-up concrete warehouse with 32' ceilings
  • 30,000 SF pre-graded expansion pad for future growth
  • Strategic location at I-85/I-26 interchange (1 mile from I-85)
  • 5 dock doors with equipment packages + 1 drive-in door
  • 72 auto parking spaces + trailer parking available

OVERVIEW

191 Watershed Way represents a premier net leased investment opportunity in the heart of Spartanburg County's rapidly expanding industrial market. This headquarters-quality facility is strategically positioned at the crossroads of I-85 and I-26, two of the Southeast's most vital transportation corridors, offering exceptional connectivity and regional reach. The property is 100% leased to a third-generation, family-owned national company with over four decades of continuous operation. This tenant has grown faster than the industry average since founding, generates substantial annual revenue, and serves as a primary supplier across the United States. The company executed a new five-year net lease in January 2026 with annual bumps, demonstrating long-term commitment to the facility. The property includes a 30,000 SF pre-graded expansion pad, providing immediate capacity for tenant growth or future development.

FOR SALE DETAILS

PRICE

$6,300,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

Lighting - Incandescent, Gas, Water, Sewer, Heating

CLEAR CEILING HT

32 Ft

DOCKS

5

DRIVE INS

1

PARKING SPACES

72

LAND DETAILS

LAND ACRES

8.66

LAND SF

377,225

ZONING

-

APN/PARCEL ID

5-22-00-001.09

ASK ABOUT THIS PROPERTY

Bill FayssouxWindsor Aughtry CompanyMore Info
864-679-3632

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Bill FayssouxWindsor Aughtry CompanyMore Info
864-679-3632

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