500 N Main St Mauldin, SC 29662
Well-positioned bank branch in high-growth Mauldin, SC.
Property Features for 500 N Main St
General Information
- Standard status
- Active
- Size
- 3,509 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1967
Listing office Colliers - Greenville, South Carolina
Listing date May 7, 2024
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 Colliers - Greenville, South Carolina
Investment Insights
Based on property information with market context.
Key Highlights
- High‑growth sub‑market of Greenville, SC (3.69% annual population growth since 2020).
- Freestanding bank branch in a desirable, growing downtown area.
- Excellent brand visibility on a busy corridor (±47,600 VPD).
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 | $77.1k | $21.96 |
| − Vacancy | −$2.8k | −$0.79 |
| EGI | $74.3k | $21.17 |
| − OpEx | −$22.3k | −$6.35 |
| NOI | $52.0k | $14.82 |
