Office Building with Available
For Sale
$7,950,000
110 Frederick Street, Greenville, SC 29607
Partially leased office building with substantial available space for expansion or re-tenanting at 110 Frederick St.
Property Size52,700 SF
Lot Size4.38 Acres
Price / SF$172.72
Days on Market74
Property Features for 110 Frederick Street
General Information
Standard status
Active
Size
52,700 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:
Rhett Craig
(864) 616-4676
Source:
Cbre
Added: Jul 29
Changed: Oct 2
Last Checked: Oct 9 at 5:41PM
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$707,874
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,157,480
$14.2M
Cap Rate 7%
$10,112,486
$10.1M
Cap Rate 9%
$7,865,267
$7.9M
Market Conditions
NOI Build-Up for 46,028 SF
Gross rent
$1.06M $23.04/SF
− Vacancy
−$116.7K −$2.53/SF
EGI
$943.8K $20.51/SF
− OpEx
−$236.0K −$5.13/SF
NOI
$707.9K $15.38/SF
Area
Greenville County, SC
Vacancy
11.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,157,480
Cap Rate 7%
$10,112,486
Cap Rate 9%
$7,865,267
Alternative Uses
Best Use
Office B
$10.11M
$8.85M – $11.80M
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
NOI $1,376,618 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
71%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,081
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Greenville, SC
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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 Street 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
