Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1723 Main St Duncan, SC 29334

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Duncan, SC Retail/Office Opportunity

    Lot size:
    9,952 SF

    Property Features for 1723 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,952 SF
    Class
    A

    Building Details

    Year Built/Renovated
    2024/2024
    Stories
    1

    Spaces For Lease

    at 1723 Main St, Duncan, SC 29334 Contact us

    We can help!

    Listing Contact
    Dustin Tenney
    Dustin Tenney

    Listing Agent: Dustin Tenney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 9,952 square foot Class A retail and office space, built and renovated in 2024, presents a unique leasing opportunity in Duncan, South Carolina's thriving HWY 290 corridor. Located on HWY 290 (approx. 37,500 vehicles per day), this single-story building offers multiple tenancy options, with available spaces ranging from 2,625 to 3,500 square feet. The property boasts ample on-site parking, catering to the needs of both tenants and customers. Its prime location benefits from the robust commercial and industrial growth in the Duncan area, proximity to I-85, and the presence of Greenville Tech College. This development is part of a larger retail center, already home to established businesses such as McAlisters Deli, Tropical Smoothie Cafe, and AT&T, ensuring high visibility and foot traffic. The flexible square footage allows for adaptable retail or office use, making it an ideal space for a variety of businesses. This is one of the last available parcels for new retail development in this high-demand area, zoned for commercial use in Spartanburg County and situated near East Main St. The property's strategic location, combined with its modern amenities and established tenant base, makes it an exceptional investment opportunity. Don't miss this chance to secure your space in this rapidly growing market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Duncan
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -82.0940777
    Latitude
    34.9007316

    Nearby Similar for Lease

    • $40 SF/Yr
      9,850 SF

      Highway 290 Retail Development Space

      Retail/office space in growing Duncan market near Highway 290.
      1723 East Main St, Duncan, SC 29334
      View Details
    • $9 SF/Yr
      3,193 SF

      Duncan Flex Space Near I-85

      Flex space with offices, warehouse, and convenient highway access.
      197 Ridgeview Center Dr, Duncan, SC 29334
      View Details
    • $8 SF/Yr
      3,600 SF

      Duncan Warehouse Space Available

      Warehouse space featuring a dock door and office.
      140 Congress Blvd, Duncan, SC 29334
      View Details
    • Contact for pricing
      12,000 SF

      Industrial Outdoor Storage Opportunity

      New industrial development with warehouse and laydown yard for rent.
      130 E Victor Hill Rd, Duncan, SC 29334
      View Details
    • Contact for pricing
      12,000 SF

      Industrial Outdoor Storage Opportunity

      New industrial development with warehouse and laydown yard for lease.
      1341 S Danzler Rd, Duncan, SC 29334
      View Details
    • Contact for pricing
      135,200 SF

      Duncan Warehouse with Ample Parking

      135,200 SF warehouse with docks and parking available for rent.
      2000 Victor Hill Rd, Duncan, SC 29334
      View Details
    • $6 SF/Yr
      285,000 SF

      Duncan Warehouse Near I-85

      285,000 SF warehouse with immediate I-85 access.
      497 Robin Lake Rd, Duncan, SC 29334
      View Details
    • Contact for pricing

      Retail Space in Duncan, SC

      Retail property for lease in a high-traffic area.
      Duncan, SC 29365
      View Details
    • Contact for pricing
      100,000 SF

      New Flex/Industrial Space Available

      New construction flex/industrial space with prime access to transport.
      552 Mayfield Rd, Duncan, SC 29334
      View Details
    • Contact for pricing
      284,300 SF

      Duncan Warehouse Space Available

      284,300 sqft warehouse space for rent in Duncan, SC.
      1240 Howell Rd, Duncan, SC 29334
      View Details
    • Contact for pricing
      6,250 SF

      Flex Industrial Space For Lease

      Flex industrial space for lease with loading docks and ample parking.
      552 Sc Duncan Hwy, Duncan, SC
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space on E Main

      Retail space available on high-traffic E Main Street.
      700 E Main St, Duncan, SC 29334
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Duncan, SC Retail/Office Opportunity
    Where is this office property / space located?
    The property is located at 1723 Main St Duncan, SC.
    What are key features of this property?
    This property features: ±9,952 SF retail/office space available for lease in a Class A, single-story building on Hwy 290 (±37,500 VPD) in Duncan, SC.; Join existing tenants McAlisters Deli, Tropical Smoothie Cafe, and AT&T.; Ample on-site parking.
    (864) 905-7226 Call to check price and availability
    Request Owner's contact information
    1723 Main St Duncan, SC 29334
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1723 Main St
    Duncan, SC 29334
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1723 Main St Duncan, SC 29334
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Dustin Tenney
    Dustin Tenney
    Real Estate License ID: #106880
    (864) 905-7226
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!