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1107 Northeast Main St Simpsonville, SC 29681

For Sale
$2,145,000

Two fully leased office buildings with value-add potential in Simpsonville.

Property size:
13,500 SF

Property Features for 1107 Northeast Main St

General Information

Size
13,500 SF

Building Details

Year built
1984

Source: Dustin Tenney Agent Dustin Tenney

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Simpsonville Office Buildings Investment Opportunity

This property presents a value-add investment opportunity in Simpsonville, South Carolina, featuring two fully leased office buildings totaling approximately 10,317 square feet. The property provides immediate cash flow with future value-add potential. The combination of below-market rents, staggered lease expirations, and the potential to convert leases to triple net structures offers significant upside for investors. Capital improvements have been made, including resurfacing the parking lot and replacing a portion of the roof. Situated on NE Main Street in Simpsonville, the property benefits from excellent visibility, multiple access points, and a large monument sign for tenant visibility. The location is in a high-growth market with low vacancy rates. Simpsonville is a submarket of Greenville, South Carolina, with a population growth exceeding 38% over the last decade. Rental rates have increased substantially in recent years, creating an opportunity to add value by increasing the net operating income as under-market leases expire and converting modified gross leases to triple net leases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Camden Learning Center Tutoring Service Foothills Investigations Private Investigator Royal Financial Accounting Firm Mychals Hair Studio Store Veronica Posey Realtor Real Estate Agent

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Simpsonville
County
Greenville
State
South Carolina
Longitude
-82.272498
Latitude
34.758781

FAQs

What type of property is this?
Office building - Two fully leased office buildings with value-add potential in Simpsonville.
Where is this office building located?
The property is located at 1107 Northeast Main St Simpsonville, SC.
What is the asking price?
The asking price for this property is $2,145,000.
What are key features of this property?
This property features: - Immediate cash flow from fully leased property with future value-add potential.; - Significant upside through below-market rents, staggered lease expirations, and NNN conversion opportunities.; - Located in Simpsonville, a rapidly growing submarket of Greenville, SC (38% population growth in the last decade).
More about this property
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