108 Pennsylvania Avenue Greer, SC 29650
105,000 SF industrial facility near I-85 and downtown Greer.
- Added:
- May 13, 2026
- Days on Market:
- 62
- Last Refresh:
- Jun 23 at 12:53 am
Property Features for 108 Pennsylvania Avenue
General Information
- Standard status
- Active
- Size
- 105,000 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1955
Listing office Lyons Industrial Properties (864) 583-0094
Listing date May 13, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Lyons Industrial Properties
Investment Insights
Based on property information with market context.
Key Highlights
- ±105,000 SF Industrial Facility
- FDA‑compliant food grade area available
- Located within walking distance from downtown Greer
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $631.1k | $6.01 |
| − Vacancy | −$53.0k | −$0.50 |
| EGI | $578.0k | $5.51 |
| − OpEx | −$173.4k | −$1.65 |
| NOI | $404.6k | $3.85 |