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Fairforest Way & Stonebridge Drive

2 Properties Offered at £5,351,469 in Multiple Locations

Investment Highlights

  • Lease Term 13 years left on 17 year lease
  • Distance to Charlotte, NC 92 miles
  • Extensions Two 5 year options to extend
  • Distance to Atlanta, GA 145 miles

Executive Summary

Greenville County is situated in the northwest corner of South Carolina. Located along the mega-growth I-85 corridor just south of the I-26 junction.
Lease Term 13 years left on 17 year lease
Lease Termination 8/15/2037
Extensions Two 5 year options to extend
Rental Escalations Tied to CPI Index
NOI $460,504
Cap Rate 6.75%
LL Responsibilities None (Absolute Net)

Property Facts

Price £5,351,469
Price / SF £130.52 / SF
Net Initial Yield 6.75%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 41,000 SF
Total Land Area 3.47 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
426 Fairforest Way, Greenville, SC 29607 Light Industrial 34,284 SF 1998 -
215 Stoneridge Dr, Columbia, SC 29210 Office 6,716 SF 1978 -
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  • Listing ID: 33744931

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: Fairforest Way & Stonebridge Drive, Greenville, SC

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