1931 Perimeter Rd - Warehouse FOR SALE


Greenville, SC 29605- Outer Greenville/Gantt
$4,495,000 USD
713-927-7026
1931 Perimeter Rd, Greenville, SC for Sale
$4,495,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

1931 Perimeter Rd
Greenville, SC 29605
Outer Greenville/Gantt


HIGHLIGHTS

  • ±30,365 SF industrial manufacturing building with ±6,800 SF of office located near Donaldson Airfield. Fully Leased
  • ±17,600 SF of fully conditioned manufacturing space with ±5,400 SF of additional warehouse/manufacturing space, 2 dock doors 7 2 drive-in doors
  • Base Rent $13/SF Modified Gross Lease (with 2.5% base rent increases over the initial term and options exercised)
  • NOI $311,418.00 | Cap Rate 7 %
  • Lease Term: +2 years remaining w/ two 3-year options
  • Tenant: Calvary Robotics has occupied the space since 2018

OVERVIEW

• Base Rent: $13/SF Modified Gross Lease with 2.5% base rent increases over the initial term and options exercised • NOI: $311,418 • Cap Rate: 7% • Lease Term: +2 years remaining with two 3-year options • Owner pays taxes, insurance and repairs in excess of $20,000 per occurrence

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

37

LAND DETAILS

LAND ACRES

2.04

LAND SF

88,862

ZONING

I-1

APN/PARCEL ID

0400.01-01-022.01

ASK ABOUT THIS PROPERTY

Pamela JacksonKDS Caine Commercial Real EstateMore Info
713-927-7026

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Pamela JacksonKDS Caine Commercial Real EstateMore Info
713-927-7026

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