Spartanburg Warehouse Investment
519 Honeysuckle Rd, Spartanburg, SC 29303
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33,613 SF warehouse on 1.47 acres, leased until 2030.
Type:Industrial
Property size:
33,613 SFLot size:
1.47 AcresPrice / SF:
$77/SF- Added:
- Feb 9, 2026
- Days on Market:
- 94
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 519 Honeysuckle Rd
General Information
- Standard status
- Active
- Size
- 33,613 SF
- Lot size
- 1.47 Acres
- Property subtype
- Industrial
Listing agent Matthew Levin License #19351
Listing office Crye-Leike Commercial (770) 209-1700
Listing date Feb 9, 2026
Source Crexi
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 Crye-Leike Commercial
HighLights
- Long‑term lease in place through March 31, 2030, providing stable income
- Tenant is a subsidiary of IPS Corporation, a company with estimated sales exceeding $100 million, indicating financial stability
- Enjoy built‑in revenue growth with annual rent increases of 3%
- Tenant reimburses landlord for property taxes and insurance, reducing operating expenses
- Strategic location 1.2 miles from I‑26 and 2.6 miles from I‑85, facilitating transportation and logistics
- Warehouse features include dock‑high doors, an at‑grade door, 3‑phase 2,000 amp power, and a 2‑ton overhead crane
Overview
This investment property in Spartanburg, SC, features a 33,613 SF warehouse on 1.47 acres, leased through March 31, 2030, with 3% annual rent increases. The tenant reimburses the landlord for property taxes and insurance. The landlord is responsible for repairs to the roof, structure, foundation, exterior walls, HVAC, and parking lot. The tenant, Watertite Products, Inc., a subsidiary of IPS Corporation, has one option to renew for three years with 3% annual rent increases. The Spartanburg facility serves as an injection molding plant of PVC based construction industry products under the ProSet name, primarily plumbing drain components. The original 1975 building includes a concrete loading apron leading to two front loading dock high doors, plus an at grade 16’ x 18’ door on the east wall. The office space is 800 SF, and the shop has 15’8’’ to 18’ clear height space, one 2-ton overhead crane, and metal halide lighting. The 3 phase power has a 2,000 amp service. The property uses septic for sewer. In 2007, a 12,000 SF addition with 20’ clear height was built for inventory storage. The property is located in unincorporated Spartanburg, 1.2 miles from I-26 and 2.6 miles from I-85.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Proset Plastics
Factory
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -82.017631
- Latitude
- 35.010075
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FAQs
What type of property is this?
Manufacturing property - 33,613 SF warehouse on 1.47 acres, leased until 2030.
Where is this manufacturing property located?
The property is located at 519 Honeysuckle Rd Spartanburg, SC.
What is the asking price?
The asking price for this property is $2,593,000.
What are key features of this property?
This property features: Long‑term lease in place through March 31, 2030, providing stable income; Tenant is a subsidiary of IPS Corporation, a company with estimated sales exceeding $100 million, indicating financial stability; Enjoy built‑in revenue growth with annual rent increases of 3%
