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Property profile & analytics
OFF-MARKET
Office Spaces

120 Broadus Ave Greenville, SC 29601

20,000 SF 1.43 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a two-story, 20,000 square foot office building situated on a 1.43-acre lot in Greenville, South Carolina's desirable Pettigru District. The property boasts a strong net operating income (NOI) of $420,277 annually, and features ample on-site surface parking. Its convenient location offers easy access to I-385 and is just minutes from Main Street's vibrant restaurants and shops. The elevated site provides stunning mountain views. Currently, the building is occupied by two tenants: ABS Kids, a national tenant with a brand new 10-year lease commencing March 1, 2025, occupying approximately 15,000 square feet, and American Leprosy Missions, Inc., occupying approximately 5,000 square feet, currently on their third lease renewal option. Recent landlord and tenant improvements exceeding $650,000 have been completed. The property is zoned RNX-B (City of Greenville) and has a tax map number of 0044000100500. This presents a compelling opportunity for institutional investors seeking a stable, high-performing asset with significant redevelopment potential in a thriving downtown location. The asking price is $7,000,000.

Property profile
Verified
Property type Office Spaces
Total area 20,000 SF
Lot 1.43 ac (62,291 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • andDonovan Marketing & Advertising (Bike/Boat/Book/etc) Store
  • DOM360 Marketing & Advertising Advertising Agency
  • Dealerverse Department Store
  • American Leprosy Missions Charitable Organization
  • robertdonovan.com Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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