427 Mcneely Rd | Piedmont, SC 29673
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427 Mcneely Rd
Piedmont, SC 29673
247 McNeely Rd & 104 Propes Dr · Property For Sale
Investment Highlights
- Property site on ±4.59 Acres; close proximity to I-85 & 153
- 104 Propes Drive is contiguous to 247 McNeely Road ±3 Acres raw Land
Executive Summary
427 McNeely Road:
±21,734 sq ft in 3 separate buildings
Building 1: ±3,300 sq ft of office (house converted to office)
Building 2: ±9,618 sq ft with 882 sq ft office
Building 3: ±7,500 sq ft of warehouse
Property site on ±4.59 Acres; close proximity to I-85 & 153
Current lease term:
August 31, 2023 through August 31, 2029
Tenant has 1 (4) year renewal option
Asking price is $1,800,000
NOI: $118,000.00
104 Propes Drive:
Contiguous to 247 McNeely Road
±3 Acres raw Land
Asking price is $285,000
±21,734 sq ft in 3 separate buildings
Building 1: ±3,300 sq ft of office (house converted to office)
Building 2: ±9,618 sq ft with 882 sq ft office
Building 3: ±7,500 sq ft of warehouse
Property site on ±4.59 Acres; close proximity to I-85 & 153
Current lease term:
August 31, 2023 through August 31, 2029
Tenant has 1 (4) year renewal option
Asking price is $1,800,000
NOI: $118,000.00
104 Propes Drive:
Contiguous to 247 McNeely Road
±3 Acres raw Land
Asking price is $285,000
PROPERTY FACTS Under Contract
Price / SF | £81.85 / SF | Number of Properties | 4 |
Net Initial Yield | 5.66% | Individually For Sale | 0 |
Sale Type | Investment | Total Building Size | 20,418 SF |
Status | In Exchange | Total Land Area | 18.28 AC |
Price / SF | £81.85 / SF |
Net Initial Yield | 5.66% |
Sale Type | Investment |
Status | In Exchange |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 20,418 SF |
Total Land Area | 18.28 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Building 1
427 Mcneely Rd, Piedmont, SC 29673 |
Industrial | 3,300 SF | 1965 | - |
Building 2
427 McNeely Rd, Piedmont, SC 29673 |
Industrial | 9,618 SF | 1980 | - |
Building 3
427 McNeely Rd, Piedmont, SC 29673 |
Industrial | 7,500 SF | 1980 | - |
104 Propes Dr, Piedmont, SC 29673 | Land | 3.00 AC | - | - |
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