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    Retail Investment Opportunity Title is generated by Realmo AI

    635 Congaree Rd, Greenville, SC

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    Fully leased retail property with long-term tenants and growth potential.

    Type:RETAIL
    Property size:
    23,532 SF
    Lot size:
    1.49 Acres
    Price / SF:
    $237/SF
    Added:
    Nov 28, 2025
    Days on Market:
    197
    Last Refresh:
    Apr 5 at 9:14 pm

    Property Features for 635 Congaree Rd

    General Information

    Standard status
    Active
    Size
    23,532 SF
    Lot size
    1.49 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    James McKay
    James McKay

    Listing agent James McKay License #89652

    Listing office Avison Young | Greenville

    Listing date Nov 28, 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 Avison Young | Greenville

    HighLights

    • Fully leased to two long‑term tenants
    • Attractive NNN Investment
    • Annual 3% rental growth on each tenant
    • Excellent road frontage on Congaree and I‑385
    • Located in growth market with increasing demand
    • Recently renovated building (2025)

    Overview

    This retail property is fully leased to two long-term tenants, offering an attractive NNN investment opportunity. The building, which was recently renovated in 2025, features excellent road frontage on Congaree Road and I-385. Located in a growth market with increasing demand, the property provides an annual rental growth of 3% on each tenant. The property size is 23532 square feet.

    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 $516.8k $21.96
    − Vacancy −$18.6k −$0.79
    EGI $498.2k $21.17
    − OpEx −$149.4k −$6.35
    NOI $348.7k $14.82
    23,532 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.98M
    $4.36M – $5.81M (±1% cap)
    NOI $348,711 @ 7.0% cap · market cap 6.23%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $10.05M
    $8.80M – $11.73M (±1% cap)
    NOI $703,802 @ 7.0% cap · market cap 12.57%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

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

    Similar Places Nearby

    • Crosspointe Plaza — 824 woods crossing rd, greenville, sc 29607
    • The Gallery — 621 Haywood Rd #535, Greenville, SC 29607
    • Shops By the Mall — 1175 Woods Crossing Rd, Greenville, SC 29607
    • Deep Sea Cosmetics — 700 Haywood Rd, Greenville, SC 29607
    • Regency Square — 475 Haywood Rd, Greenville, SC 29607

    Location Insight

    • Map
    • Local Demand
    City
    Greenville
    County
    Greenville
    State
    South Carolina
    Longitude
    -82.3234
    Latitude
    34.8456

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    FAQs

    What type of property is this?
    Shopping center - Fully leased retail property with long-term tenants and growth potential.
    Where is this shopping center located?
    The property is located at 635 Congaree Rd Greenville, SC.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: Fully leased to two long‑term tenants; Attractive NNN Investment; Annual 3% rental growth on each tenant
    (864) 747-5627 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James McKay
    James McKay
    Real Estate License ID: 89652
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