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110 Frederick St, Greenville, SC 29607

Partially leased office building with substantial available space for expansion or re-tenanting at 110 Frederick St.

Property Size46,028 SF
Lot Size4.38 Acres
Price / SF$172.72
Days on Market323

Property Features for 110 Frederick St

General Information

Standard status Active
Size 46,028 SF
Lot size 4.38 Acres
Property subtype OFFICE
Occupancy 71%

Building Details

Buildings 1
Building Size 52,700 SF
Parking Ratio 7 per 1,000 SF
Listing Agency: CBRE | Greenville
Listed By: Charles Gouch
Source: Moodyscre
Added: Sep 12, 2025 Changed: Jul 30 Last Checked: Jul 31 at 9:16AM

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 CBRE | Greenville

Investment Insights

Based on property information with market context.

This offering presents a well-positioned office building totaling 52,700 square feet on a 4.38-acre site. The property is currently 71% leased to Advanced Technology Services, with a lease extending through September 2033. A key component of the opportunity is the 15,200 square feet of available space, which may support future leasing plans and potential income growth.

The property benefits from a favorable 7/1000 parking ratio, supporting tenant and visitor parking needs. The asset is located at 110 Frederick St in Greenville, SC.

For an owner seeking an office property with in-place tenancy and meaningful available space, this building provides a defined leasing roadmap with a substantial portion currently under contract through September 2033.

Key Highlights

  • 52,700 SF office building on a 4.38‑acre site
  • 71% leased to Advanced Technology Services
  • Lease extends through September 2033

Financial Insights For Office B

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 $1.06M $23.04
− Vacancy −$116.7k −$2.53
EGI $943.8k $20.51
− OpEx −$236.0k −$5.13
NOI $707.9k $15.38
46,028 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$10.11M
$8.85M – $11.80M (±1% cap)
NOI $707,874 @ 7.0% cap · market cap 8.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.67M
$17.21M – $22.94M (±1% cap)
NOI $1,376,618 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Advanced Technology Services ... Machine Maintenance Service

Suggested Use

Top Pick Real Estate Agency Garden Center Grocery & Convenience Store Electrical Service Food Market Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

71%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,081
Businesses Nearby

Demographics for 29607, SC

44,216
Population
22,288
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
29.0 sq mi
ZIP Area
1,525
Density / Sq Mi
$69,249
Median Household Income
$46,549
Median Earnings
$1,339
Median Rent
$315,100
Median Home Value

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019
10.3% 2020
10.8% 2021
10.7% 2022
11.7% 2023
11% 2024
9.7% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Partially leased office building with substantial available space for expansion or re-tenanting at 110 Frederick St.
Where is this office building located?
The property is located at 110 Frederick St Greenville, SC.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 52,700 SF office building on a 4.38‑acre site; 71% leased to Advanced Technology Services; Lease extends through September 2033
(864) 616-4676 Call to check price and availability
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