Description
Investment Sale - 3,712 sf office building in prime Haywood Road location. Located just off of the busy intersection of Haywood Rd and East North St. Ideal location with close proximity to downtown Greenville via I-385 or East North Street. Building is divided into 2 equal floors at 1856+- each. Floor 1 comprises 2 suites/ tenants, Floor 2 comprises 4 tenants. 1 unit on second floor currently vacant making an ideal scenario for owner/ occupant. Most tenants have been long term. Roof just replaced. Interior is clean and modern several sevearl suites have been recently updated. Ideal for 1031 or entry level office investor. Excellent cash on cash return current cap of 6.9, proforma cap of 8%. This building has a history of rare vacancies. Rents are below market, room for upside with lease renewals. Adjacent lot also for sale by broker whereas investor could easily add additional office building(s). See income and expense report for more information regarding tenants and income from each suite. Do not disturb tenants, please contact broker for tour.
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0BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
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3,712SQFT
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$139$/SQFT
School Ratings & Info
Description
Investment Sale - 3,712 sf office building in prime Haywood Road location. Located just off of the busy intersection of Haywood Rd and East North St. Ideal location with close proximity to downtown Greenville via I-385 or East North Street. Building is divided into 2 equal floors at 1856+- each. Floor 1 comprises 2 suites/ tenants, Floor 2 comprises 4 tenants. 1 unit on second floor currently vacant making an ideal scenario for owner/ occupant. Most tenants have been long term. Roof just replaced. Interior is clean and modern several sevearl suites have been recently updated. Ideal for 1031 or entry level office investor. Excellent cash on cash return current cap of 6.9, proforma cap of 8%. This building has a history of rare vacancies. Rents are below market, room for upside with lease renewals. Adjacent lot also for sale by broker whereas investor could easily add additional office building(s). See income and expense report for more information regarding tenants and income from each suite. Do not disturb tenants, please contact broker for tour.
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