Office Building For
For Sale
Contact for pricing
426 Fairforest Way, Greenville, SC
Office building with lease income available for sale.
Property Size34,284 SF
Lot Size2.81 Acres
Price / SF$198.03
Days on Market396
Property Features for 426 Fairforest Way
General Information
Standard status
Active
Size
34,284 SF
Lot size
2.81 Acres
Property subtype
OFFICE
Listing Agency:
Trinity Partners | Greenville
(864) 326-5952
Listed By:
Lakin Parr · License #SC90007
(864) 421-4747
Source:
Moodyscre
Added: Sep 10, 2025
Changed: Oct 9
Last Checked: Oct 9 at 7:36PM
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 Trinity Partners | Greenville
Investment Insights
Based on property information with market context.
This office building offers 34,284 square feet of space. The annual lease rate is $374,510.88, with a net rent per square foot of $10.92. The property is available for sale separately or as a combined sale.
Key Highlights
- Available for sale separately
- Combined sale price with 215 stoneridege dr.: $6,789,142
- Annual lease rate: $374,510.88
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$527,260
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,545,200
$10.5M
Cap Rate 7%
$7,532,286
$7.5M
Cap Rate 9%
$5,858,444
$5.9M
Market Conditions
NOI Build-Up for 34,284 SF
Gross rent
$789.9K $23.04/SF
− Vacancy
−$86.9K −$2.53/SF
EGI
$703.0K $20.51/SF
− OpEx
−$175.8K −$5.13/SF
NOI
$527.3K $15.38/SF
Area
Greenville County, SC
Vacancy
11.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,545,200
Cap Rate 7%
$7,532,286
Cap Rate 9%
$5,858,444
Alternative Uses
Best Use
Office B
$7.53M
$6.59M – $8.79M
NOI $527,260 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$14.65M
$12.82M – $17.09M
NOI $1,025,376 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
91
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Business Placement
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Market
Vacancy Rate% for Office in Greenville, SC
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Frequently Asked Questions
What type of property is this?
Office building - Office building with lease income available for sale.
Where is this office building located?
The property is located at 426 Fairforest Way Greenville, SC.
What is the asking price?
The asking price for this property is $6,789,142.
What are key features of this property?
This property features: Available for sale separately; Combined sale price with 215 stoneridege dr.: $6,789,142; Annual lease rate: $374,510.88
