Multi-tenant retail strip on Greenville's busiest corridor
1450 Woodruff Road · Greenville · Greenville County, SC 29607
Asking price
$6,450,000
Building
21,500 sqft
Lot
2.8 ac
Cap rate
6.75%
The pitch
Section 01 / 03Investment highlights
- 55,000 VPD on Woodruff Road
- 100% leased, service-oriented tenants
- Pylon signage with exclusive rights
- Corner parcel with two access points
Executive summary
A 21,500 SF inline center on Woodruff Road, the Upstate's premier retail artery with 55,000+ vehicles per day. Internet-resistant tenant mix of food, services, and medical retail on staggered leases with built-in escalations.
The asset
Section 02 / 03Pricing & Size
- Building Size
- 21,500 sqft
- Cap Rate
- 6.75 %
- Net Operating Income
- 435,375 $/yr
- Building Class
- Class A
Building
- Construction Type
- Masonry
- Condition
- Excellent
- Stories
- 1
- Parking Spaces
- 105
Utilities
- Water
- Municipal
- Sewer
- Municipal
Retail Features
- Frontage
- 260 ft
- Anchored Center
- No
- Drive-thru
- No
- Daily Traffic Count
- 55,000 vehicles/day
- Corner Lot
- Yes
- End-cap Unit
- No
- Exclusive Signage Rights
- Yes
Location & Zoning
- Zoning
- C-3
- FEMA Flood Zone
- X
- Opportunity Zone
- No
Location & area
Section 03 / 03Location
34.81280, -82.26450Area & market data
Third-party sourcesNeighborhood Demographics
- Median Household Income
- $61,713
- Median Age
- 36 yrs
- Population
- 72,824 people
- Households
- 30,943
Location Context
Walk Score
49 / 100
Transit Score
27 / 100
Risk Assessment
- Seismic Zone
- 1
- Seismic Risk Category
- Low
Market Context
- Median Sale Price (5mi)
- $2,350,000
- Median Lease Rate (5mi)
- 15 $/sqft/yr