600 Laurens Rd, Greenville, SC
Retail property with NNN leases, close to Downtown Greenville.
- Added:
- Mar 14, 2025
- Days on Market:
- 457
- Last Refresh:
- May 20 at 8:11 pm
Property Features for 600 Laurens Rd
General Information
- Standard status
- Active
- Size
- 11,300 SF
- Lot size
- 0.53 Acres
- Property subtype
- RETAIL
Listing agent Zach Hines License #58750 (864) 918-9944
Listing office Spencer/Hines Properties (864) 918-9944
Listing date Mar 14, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Spencer/Hines Properties
HighLights
- Excellent visibility and easy access on Laurens Road, extremely close to Downtown Greenville.
- Income‑producing property with NNN leases in place.
- Multiple updates to the building including paint, awnings, parking lot resurfacing, and landscaping.
- Large windows providing tons of natural light.
- Opportunity Zone location.
- Monument signage on Laurens Road.
Overview
Local 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 | $248.1k | $21.96 |
| − Vacancy | −$8.9k | −$0.79 |
| EGI | $239.2k | $21.17 |
| − OpEx | −$71.8k | −$6.35 |
| NOI | $167.5k | $14.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.3758
- Latitude
- 34.85