120 Broadus Ave
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120 Broadus Ave
20,000 SF 100% Leased Office Building Greenville, SC 29601 £5,477,150 (£274/SF) 6% Net Initial Yield
Executive Summary
Excellent investment opportunity. Tenant 1: (±15,000 SF) ABS Kids. Brand new 10-year lease in place with qualified national tenant commencing on March 1, 2025. New Landlord and Tenant Improvements exceed $650,000. Tenant 2: (±5,000 SF) American Leprosy Missions, Inc. On third renewal option. NOI: $420,277.50/Year. Desirable Underlying real estate with great potential for future redevelopment. Located in the Pettigru District of Downtown Greenville minutes from Main Street, restaurants, shops, etc. Easy access from I-385 at the Gateway into Downtown Greenville. Ample surface parking onsite. Elevation of site offers great mountain views. City Of Greenville | Zoned: RNX – B | Tax Map #: 0044000100500
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
20,000 SF
Building Class
B
Year Built/Renovated
1976/2024
Price
£5,477,150
Price Per SF
£274
Net Initial Yield
6%
NOI
£328,846
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
10,000 SF
Slab to Slab
12 ft
Building FAR
0.29
Land Acres
1.58 AC
Zoning
RNX - B - RNX - B
Amenities
- Controlled Access
- Kitchen
- Reception
- Natural Light
- Open-Plan
- Secure Storage
- Air Conditioning
Walk Score ®
Very Walkable (84)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 0044.00-01-005.00 | Improvements Assessment | £58,660 |
| Land Assessment | £5,712 | Total Assessment | £64,372 |
PROPERTY TAXES
Parcel Number
0044.00-01-005.00
Land Assessment
£5,712
Improvements Assessment
£58,660
Total Assessment
£64,372
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120 Broadus Ave
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