786 Wilson Rd - Manufacturing FOR SALE


Newberry, SC 29108
$6,112,875 USD
980-498-3293
786 Wilson Rd, Newberry, SC for Sale
$6,112,875 USD
Manufacturing - FOR SALE
1/4
null | 7.75% Cap Rate

786 Wilson Rd
Newberry, SC 29108


HIGHLIGHTS

  • LOW VACANCY NEWBERRY MARKET PROVIDING MARKTO-MARKET RENT UPSIDE
  • INTERSTATE + PORT/RAIL CONNECTIVITY (I-26 CORRIDOR)
  • ADJACENT TO BRAND NEW SAMSUNG MANUFACTURING FACILITY

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - NN structure with landlord limited to roof & structure responsibility - 36-month lease term with 2.5% annual rent escalations - Landlord to deliver LED relight, RTU diagnosis, 3 forklift charging stations & electrical/plumbing fixes targeted 2-3 months post commencement INVESTMENT GRADE TENANT - Samsung is a Fortune Global 500 company with market capitalization of approximately $396 Bn - Investment-grade tenant ratings (S&P: AA- / Moody’s: A1) - Worlds largest memory chip and smartphone manufacturer employing over 260,000 people globally and ranked among the top 5 most valuable brands worldwide ANCILLARY STORAGE & DISTRIBUTION - Samsung leverages the site for overflow storage and distribution in support - Recent 350,000 SF warehouse expansion engineered to integrate logistics functions directly on-site - Low industrial occupancy cost in region combined with Samsung’s committed capital base create likelihood of long term tenancy INTERSTATE + PORT/RAIL CONNECTIVITY (I-26 CORRIDOR) - Site is 3 miles to I-26 - Fronts Wilson Rd/US-76 a primary artery where AADT ranges from 8,700 to 19,600 on the busiest nearby segments - South Carolina Ports just finished FY2025 with 2.6M standard shipping containers handled and recorded rail lifts at inland Port Greer up 10% YoY showing strength of inland intermodal options along the I-26 corridor ADJACENT TO BRAND NEW SAMSUNG MANUFACTURING FACILITY - Site proximate to Samsung’s Newberry appliance campus 1.5M SF manufacturing plant - Facility credited with supporting 8% of total employment in Newberry - Since opening Samsung has invested nearly $500M in Newberry and supports nearly 1,500 local jobs LOW VACANCY NEWBERRY MARKET PROVIDING MARKTO-MARKET RENT UPSIDE - Newberry County totals 3.15M SF of industrial space with overall availability 1.37% - Space remains tight for warehouses under 100K SF - No industrial projects under construction or delivered YTD - avg. W/D asking $5.50 NN in Newberry County - Overall Columbias MSA ask is $6.12/SF

FOR SALE DETAILS

PRICE

$6,112,875 USD

PRICE/SF

$44 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Samsung

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Truck Terminal, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

30 Ft

DOCKS

3

DRIVE INS

4

PARKING SPACES

275

LAND DETAILS

LAND ACRES

8.52

LAND SF

371,131

ZONING

Industrial

APN/PARCEL ID

397-82-1

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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