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Flex Space with Dock Access
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For Sale
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7001-7005 Pelham Road, Greenville, SC 29615

Conditioned, finished suites accommodate office, warehouse, or showroom functions.

Property Size101,250 SF
Days on Market1

Property Features for 7001-7005 Pelham Road

General Information

Standard status Active
Size 101,250 SF
Class B
Total Parking Spaces 438
Property subtype Office
Lease Term NNN ($4.25 estimated

Additional Details

Condition Built-Out
Road Access Yes
Property Use Flex, Office, Warehouse, Showroom

Building Details

Building Size 101,250 SF
Parking Ratio 4.27 per 1,000 SF

Properties For Sale

at 7001-7005 Pelham Road Contact us

7001 Pelham Rd - Suite H

Size 3,000 SF
Type Office Warehouse
Term Negotiable
Contact us

7001 Pelham Rd - Suite J

Size 3,000 SF
Type Office Warehouse
Term Negotiable
Contact us

7005 Pelham Suites A&B

Size 9,000 SF
Type Office Warehouse
Term Negotiable
Contact us
Listing Agency: Trinity Partners | Columbia
Listed By: Grayson Burgess, CCIM, SIOR
Source: Trinity-partners
Added: Oct 30 Last Checked: Oct 30 at 2:23PM

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 | Columbia

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The flex property at 7001-7005 Pelham Road includes finished, climate-controlled suites with access to dock doors. The spaces can serve office, warehouse, and showroom functions, offering a mix of configurations within the property.

Located on Greenville’s east side, the site is near restaurants, day care facilities, and retail amenities. Building and suite signage faces commuters traveling along Pelham Road.

Key Highlights

  • Finished, conditioned suites for office, warehouse, or showroom use
  • Dock‑door access
  • Parking ratio of 4.27/1,000 SF; 438 total spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$361,706
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,234,120 $7.2M
Cap Rate 7%
$5,167,229 $5.2M
Cap Rate 9%
$4,018,956 $4.0M
Market Conditions
NOI Build-Up for 101,250 SF
Gross rent
$607.5K $6.00/SF
− Vacancy
−$51.0K −$0.50/SF
EGI
$556.5K $5.50/SF
− OpEx
−$194.8K −$1.92/SF
NOI
$361.7K $3.57/SF
Area
Greenville County, SC
Vacancy
8.40%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,234,120
Cap Rate 7%
$5,167,229
Cap Rate 9%
$4,018,956

Alternative Uses

Best Use
Office B
$22.24M
$19.46M – $25.95M (±1% cap)
NOI $1,557,144 @ 7.0% cap · market cap 10,046,090.32%
Second Best
Warehouse
$6.77M
$5.92M – $7.90M (±1% cap)
NOI $473,788 @ 7.0% cap · market cap 3,056,696.77%
Theoretical Best
Office A
$43.26M
$37.85M – $50.47M (±1% cap)
NOI $3,028,214 @ 7.0% cap · market cap 19,536,864.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Law Firm Dental Office Hair Salon Cafe & Coffee Shop Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29615, SC

38,684
Population
19,687
Households
2
Avg Household Size
40
Median Age
52%
College-Educated
96%
High-School Grad
19.2 sq mi
ZIP Area
2,015
Density / Sq Mi
$74,200
Median Household Income
$44,960
Median Earnings
$1,203
Median Rent
$348,600
Median Home Value

Market

Vacancy Rate% for Office in Greenville, SC

6% 2019
10.3% 2020
10.8% 2021
10.7% 2022
11.7% 2023
11% 2024
9.7% 2025

Similar Off Market Nearby

  • Cassie's Happy Hemispheres — 8 Odell St, Greenville, SC 29615

Frequently Asked Questions

What type of property is this?
Flex space - Conditioned, finished suites accommodate office, warehouse, or showroom functions.
Where is this flex space located?
The property is located at 7001-7005 Pelham Road Greenville, SC.
What are key features of this property?
This property features: Finished, conditioned suites for office, warehouse, or showroom use; Dock‑door access; Parking ratio of 4.27/1,000 SF; 438 total spaces
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Includes: Price & PSF · Cap rate · Location · Zoning

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