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Retail Property on Laurens Road

600 Laurens Rd, Greenville, SC

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For Sale

Contact for pricing

Retail property with NNN leases, close to Downtown Greenville.

Type:RETAIL

Property size:

11,300 SF

Lot size:

0.53 Acres

Price / SF:

$220/SF

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.

We can help!

Listing Contact

Zach Hines

For Sale

Contact for pricing

Retail property with NNN leases, close to Downtown Greenville.

Type:RETAIL

Property size:

11,300 SF

Lot size:

0.53 Acres

Price / SF:

$220/SF

Added:: Mar 14, 2025
Days on Market:: 456
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

We can help!

Listing Contact

Zach Hines

Listing agent Zach Hines License #58750

Listing office Spencer/Hines Properties

Listing date Mar 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 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

This retail property is located on Laurens Road, offering easy access and excellent visibility in close proximity to Downtown Greenville. The property benefits from monument signage on Laurens Road. Large windows provide ample natural light. The building has undergone multiple updates, including paint, awnings, parking lot resurfacing, and updated landscaping. The property is zoned MX-2 by the City of Greenville and is located in an opportunity zone. It is an income-producing property with NNN leases in place. Lease information is available upon request. The property size is 11,300 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

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

11,300 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$2.39M

$2.09M – $2.79M (±1% cap)

NOI $167,450 @ 7.0% cap · market cap 6.71%

Second Best

—

no second resolved use

Theoretical Best

Office A

$4.83M

$4.22M – $5.63M (±1% cap)

NOI $337,964 @ 7.0% cap · market cap 13.55%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

State Farm Insurance Insurance Agency Cure Fitness Gym & Fitness Center Catalyst Gym Gym & Fitness Center Parker Smith - State ... Insurance Agency Spectrum Telecommunications Service

Suggested Use

Location Insight

Map
Local Demand

City: Greenville
County: Greenville
State: South Carolina
Longitude: -82.3758
Latitude: 34.85

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For sale
Strip malls
SC
Greenville
600 Laurens Rd

What type of property is this?

Strip mall - Retail property with NNN leases, close to Downtown Greenville.

Where is this strip mall located?

The property is located at 600 Laurens Rd Greenville, SC.

What is the asking price?

The asking price for this property is $2,495,000.

What are key features of this property?

This property features: 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.

600 Laurens Rd, Greenville, SC

Retail property with NNN leases, close to Downtown Greenville.

Property Features for 600 Laurens Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

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Premium Office in Greenville, SC

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