298 S Pleasantburg Dr Greenville, SC 29607
Retail space with building and ice machine, high visibility.
Property Features for 298 S Pleasantburg Dr
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.41 Acres
- Property subtype
- Retail
Listing office Spencer/Hines Properties (864) 918-9944
Listing date Sep 6, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Spencer/Hines Properties
Investment Insights
Based on property information with market context.
Key Highlights
- Signalized corner location with easy access and excellent visibility.
- Large ±0.41 acre lot with a ±1,600 SF building.
- Zoned C‑3, City of Greenville.
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 | $35.1k | $21.96 |
| − Vacancy | −$1.3k | −$0.79 |
| EGI | $33.9k | $21.17 |
| − OpEx | −$10.2k | −$6.35 |
| NOI | $23.7k | $14.82 |
