Office-Heavy Flex
1305 Perimeter Rd Greenville, SC 29605
1305 Perimeter Rd, Greenville, SC, 29605
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For Sale
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Single-story flex building includes office space plus 1 dock door and 1 drive-in door with 136 parking spaces.
Property Size32,500 SF
Lot Size8.14 Acres
Price / SF$150.78
Days on Market37
Property Features for 1305 Perimeter Rd
General Information
- Standard status
- Active
- Size
- 32,500 SF
- Lot size
- 8.14 Acres
- Property subtype
- INDUSTRIAL
Listing agency
Colliers | Greenville
(864) 270-0761
Listed by
Frank Hammond, CCIM, CPM
(864) 270-0761
Source
Moodyscre
Added: Jun 16 Updated: Jul 21 at 9:21PM Checked: Jul 21 at 9:21PM
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 Colliers | Greenville
Investment Insights
Based on property information with market context.
A single-story, office-heavy flex building offering approximately 30,000 square feet of office space and 2,500 square feet of warehouse space. Constructed in 1999, the property is fully sprinklered and includes one dock door and one drive-in door to support light industrial or distribution functions.
The site sits on an 8.14-acre parcel and is positioned between Perimeter Road and Fork Shoals Road, providing convenient connectivity to I-85, I-185, and I-385 for regional access. The property is zoned I-11 in Greenville County.
With 136 parking spaces, the layout is well-suited for office-heavy tenants seeking on-site parking capacity alongside warehouse support for operational flexibility.
The site sits on an 8.14-acre parcel and is positioned between Perimeter Road and Fork Shoals Road, providing convenient connectivity to I-85, I-185, and I-385 for regional access. The property is zoned I-11 in Greenville County.
With 136 parking spaces, the layout is well-suited for office-heavy tenants seeking on-site parking capacity alongside warehouse support for operational flexibility.
Key Highlights
- ±32,500 SF single‑story flex building with approx. ±30,000 SF office and ±2,500 SF warehouse space
- Warehouse served by 1 dock door and 1 drive‑in door for light industrial or distribution use
- 8.14‑acre site; building constructed in 1999
Local Financial Insights For Warehouse
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 | $195.3k | $6.01 |
| − Vacancy | −$16.4k | −$0.50 |
| EGI | $178.9k | $5.51 |
| − OpEx | −$26.8k | −$0.83 |
| NOI | $152.1k | $4.68 |
32,500 SF · lease $6.01/SF/yr · vacancy 8.40% · expense 15.00%
Alternative Uses
Best Use
Office B
$7.14M
$6.25M – $8.33M
NOI $499,824 @ 7.0% cap · market cap 10.20%
Second Best
Warehouse
$2.17M
$1.90M – $2.53M
NOI $152,080 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$13.89M
$12.15M – $16.20M
NOI $972,019 @ 7.0% cap · market cap 19.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Michelin-GDC
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Single-story flex building includes office space plus 1 dock door and 1 drive-in door with 136 parking spaces.
Where is this flex space located?
The property is located at 1305 Perimeter Rd Greenville, SC.
What is the asking price?
The asking price for this property is $4,900,323.
What are key features of this property?
This property features: ±32,500 SF single‑story flex building with approx. ±30,000 SF office and ±2,500 SF warehouse space; Warehouse served by 1 dock door and 1 drive‑in door for light industrial or distribution use; 8.14‑acre site; building constructed in 1999
