319 Pelham Rd, Greenville, SC
Office building with guaranteed rent by U.S. Government.
- Added:
- Aug 14, 2025
- Days on Market:
- 304
- Last Refresh:
- May 20 at 8:41 pm
Property Features for 319 Pelham Rd
General Information
- Standard status
- Active
- Size
- 18,208 SF
- Lot size
- 2.16 Acres
- Property subtype
- OFFICE
Listing agent Bailey Tollison (864) 884-8730
Listing office Colliers | Greenville (864) 884-8730
Listing date Aug 14, 2025
Source Moodyscre
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
HighLights
- Rent guaranteed by the U.S. Government
- Stabilized cash flow
- Roof renovated in 2023
- Interior renovated in 2023
- Investment opportunity
Overview
Local 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 | $419.5k | $23.04 |
| − Vacancy | −$46.1k | −$2.53 |
| EGI | $373.4k | $20.51 |
| − OpEx | −$93.3k | −$5.13 |
| NOI | $280.0k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.3421
- Latitude
- 34.8637
