1794 Poplar Drive Ext Greer, SC 29651

This exceptional sale-leaseback opportunity presents a 18,800-square-foot warehouse situated on a 2.18-acre lot in Greer, South Carolina. The property, built in 1998, features three dock-high doors and a ceiling height of 17.71 feet. Zoned I-1, it enjoys a prime location directly across from the Greenville-Spartanburg International Airport (GSP) and just 3.5 miles from the Inland Port Greer, offering unparalleled access to major transportation routes. The current tenant, a well-established corrugated packaging and shipping supplies company operating for over 35 years, is seeking a long-term lease under a triple-net (NNN) lease structure. The asking price is $1,750,000, yielding a 7.8% capitalization rate based on a net operating income (NOI) of $136,300 and an initial rental rate of $7.25 per square foot. The property's single-tenant occupancy and strong tenant history make this an attractive investment opportunity with significant upside potential. The property's APN is 0529010101302. This sale-leaseback transaction offers a secure income stream with the potential for long-term appreciation. The building consists of one structure and the net rentable square footage is 18,800 square feet. The price per square foot is $93.09.