Corner Office Suite with Billboard
For Sale
Contact for pricing
1908 N Pleasantburg Dr, Greenville, SC 29609
Small office on a highly visible corner along N Pleasantburg Drive (Hwy 291).
Property Size1,200 SF
Price / SF$324.58
Days on Market641
Property Features for 1908 N Pleasantburg Dr
General Information
Standard status
Active
Size
1,200 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Joyner Commercial
(864) 313-9078
Listed By:
Matt Carter, SIOR, CCIM, BIC
(864) 313-9078
Source:
Moodyscre
Added: Oct 30, 2024
Changed: Jul 29
Last Checked: Jul 31 at 1:47PM
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 Joyner Commercial
Investment Insights
Based on property information with market context.
This small office suite offers a convenient, street-facing setup at a highly visible corner on N Pleasantburg Drive (Hwy 291). The property includes billboard income per the owner, which can support ongoing occupancy planning.
The suite totals 1,200 SF and is positioned for daytime visibility from the main roadway. This configuration may appeal to owner-operators or tenants seeking an accessible location where passing traffic can support brand awareness.
For additional details on the space and supporting features, review the brochure associated with the offering.
The suite totals 1,200 SF and is positioned for daytime visibility from the main roadway. This configuration may appeal to owner-operators or tenants seeking an accessible location where passing traffic can support brand awareness.
For additional details on the space and supporting features, review the brochure associated with the offering.
Key Highlights
- Small office on a highly visible corner
- Located on N Pleasantburg Drive (Hwy 291)
- Includes billboard income per owner
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 | $27.6k | $23.04 |
| − Vacancy | −$3.0k | −$2.53 |
| EGI | $24.6k | $20.51 |
| − OpEx | −$6.2k | −$5.13 |
| NOI | $18.5k | $15.38 |
1,200 SF · lease $23.04/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$263.6K
$230.7K – $307.6K
NOI $18,455 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,890 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 29609, SC
31,547
Population
14,840
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
89%
High-School Grad
24.3 sq mi
ZIP Area
1,298
Density / Sq Mi
$64,837
Median Household Income
$42,293
Median Earnings
$1,078
Median Rent
$303,800
Median Home Value
Market
Vacancy Rate% for Office in Greenville, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Small office on a highly visible corner along N Pleasantburg Drive (Hwy 291).
Where is this office units located?
The property is located at 1908 N Pleasantburg Dr Greenville, SC.
What is the asking price?
The asking price for this property is $389,500.
What are key features of this property?
This property features: Small office on a highly visible corner; Located on N Pleasantburg Drive (Hwy 291); Includes billboard income per owner
