426 Fairforest WayGreenville, SC 29607

This exceptional retail property in Greenville, South Carolina, presents a compelling investment opportunity. Located at 426 Fair Forest Way, this 34,284 square foot building sits on a 2.807-acre lot and boasts 72 parking spaces. Constructed in 1998, the property features a strong 13-year remaining lease (with two 5-year options to extend) expiring August 14, 2037. The current annual lease rate is $374,510.88, generating a net rent per square foot of $10.92. Rental escalations are tied to the CPI index, providing built-in protection against inflation. The property's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $460,504 and a 6.75% capitalization rate. The property's tax map number is M012030100112. This is an absolute net lease, meaning the landlord has no responsibilities. Greenville's robust business environment, strong real estate market, and excellent accessibility via major highways, the Greenville Spartanburg International Airport, and Amtrak make this a highly desirable investment. The area's favorable corporate tax incentives and productive workforce further enhance its appeal. Greenville is a hub for international business, attracting numerous Fortune 500 companies and significant foreign investment. This property offers a rare combination of strong cash flow, long-term lease stability, and a prime location in a thriving market.