120 Broadus Ave Greenville, SC 29601
Excellent investment property in Downtown Greenville with redevelopment potential.
Type:Office
Property size:
20,000 SF- Added:
- Oct 28, 2024
- Days on Market:
- 538
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 120 Broadus Ave
General Information
- Standard status
- Active
- Size
- 20,000 SF
- Property subtype
- Office
Listing agent Zach Hines License #SC 58750
Listing office Spencer/Hines Properties
Listing date Oct 28, 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 Spencer/Hines Properties
Overview
Downtown Greenville Investment Opportunity
This commercial property, located in the Pettigru District of Downtown Greenville, presents an investment opportunity with potential for future redevelopment. The site's elevation offers mountain views and easy access from I-385. It is located minutes from Main Street, restaurants, and shops. The property is zoned RNX – B by the City of Greenville. The property features approximately 20,000 square feet of space. Tenant 1 occupies approximately 15,000 square feet and is ABS Kids, with a new 10-year lease commencing on March 1, 2025. New Landlord and Tenant Improvements exceed $650,000. Tenant 2 occupies approximately 5,000 square feet and is American Leprosy Missions, Inc., currently on their third renewal option. The property has ample surface parking onsite. The Net Operating Income (NOI) is $420,277.50 per year.
Location Intelligence
Current Use by Public Records
andDonovan
Marketing & Advertising
DOM360
Marketing & Advertising
Dealerverse
Department Store
American Leprosy Missions
Charitable Organization
robertdonovan.com
Marketing & Advertising
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.3921808
- Latitude
- 34.8505339
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Excellent investment property in Downtown Greenville with redevelopment potential.
Where is this office building located?
The property is located at 120 Broadus Ave Greenville, SC.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: High Net Operating Income (NOI): $420,277.50/Year; Desirable underlying real estate with great potential for future redevelopment.; Brand new 10‑year lease with qualified national tenant (ABS Kids) commencing March 1, 2025, with significant landlord and tenant improvements exceeding $650,000.
