Retail Space on Wade
1823 -1872 Wade Hampton Blvd Greenville, SC 29609
For Sale
Contact for pricing
16,000 SqFt retail space available for sale.
Property Size16,000 SF
Price / SF$187.50
Days on Market136
Property Features for 1823 -1872 Wade Hampton Blvd
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing Agency:
The Founders Group, A Division of Carolina Moves Real Estate
Listed By:
Matt Foster · License #SC
Source:
Crexi
Added: Mar 12
Changed: Jul 10
Last Checked: Jul 23 at 4:30PM
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 The Founders Group, A Division of Carolina Moves Real Estate
Investment Insights
Based on property information with market context.
This commercial real estate offering features 16,000 square feet of retail space. The property is located on Wade Hampton Boulevard in Greenville, South Carolina.
Key Highlights
- Retail Property
- 16,000 SqFt
- Year Built: 1960
Financial Insights For Retail
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 | $351.4k | $21.96 |
| − Vacancy | −$12.6k | −$0.79 |
| EGI | $338.7k | $21.17 |
| − OpEx | −$101.6k | −$6.35 |
| NOI | $237.1k | $14.82 |
16,000 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.39M
$2.96M – $3.95M
NOI $237,098 @ 7.0% cap · market cap 7.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.84M
$5.98M – $7.98M
NOI $478,533 @ 7.0% cap · market cap 15.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - 16,000 SqFt retail space available for sale.
Where is this retail space located?
The property is located at 1823 -1872 Wade Hampton Blvd Greenville, SC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Retail Property; 16,000 SqFt; Year Built: 1960
