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Value-Add Multi-Tenant Retail

3 Retail Properties Offered at $3,518,250 in Multiple Locations

Investment Highlights

  • Value-add opportunity
  • Fair in-place lease rates

Executive Summary

Value-add multi-tenant retail opportunity
2 Buildings in Greenville, SC and 1 in Irmo, SC
FAIR IN-PLACE LEASE RATES
with several mark-to-market and net rate conversion opportunities
most leases include annual increases
TWELVE TENANTS
with average space size less than 1,500 SF
mom and pop leases include personal guarantees
TIGHT MARKETS with low vacancy and zero similar product under development

Property Facts

Price $3,518,250
Price / SF $199.28 / SF
Cap Rate 7.35%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 17,655 SF
Total Land Area 1.70 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1263 S Pleasantburg Dr, Greenville, SC 29605 Retail 2,640 SF 1980 -
1259 S Pleasantburg Dr, Greenville, SC 29605 Retail 6,250 SF 2000 -
Galleria Irmo
7325 Saint Andrews Rd, Irmo, SC 29063
Retail 8,765 SF 2008 -
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  • Listing ID: 32789879

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: Value-Add Multi-Tenant Retail, Greenville, SC

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