2603 Pleasantburg DrGreenville, SC 29609

Property Details for 2603 Pleasantburg Dr

Year built

1950

Lot size

1.69 AC

Zone code

C2

Property type

Retail properties

Property subtype

Strip malls

APN

0183.03-01-027.00

APU

183030102700

Description

This 1,300 square foot retail space is part of a 14,386 square foot shopping center located at 2603 N. Pleasantburg Dr in Greenville, South Carolina, zip code 29609. Built in 2015, the property sits on a 2.28-acre lot and is zoned C-3. The space offers excellent visibility on a busy corridor with 41,100 vehicles passing daily. The shopping center is strategically located approximately 0.9 miles from Cherrydale Point Shopping Center and approximately 3.5 miles from Downtown Greenville. Current tenants include a diverse mix of businesses such as Old Crow Barber Shop, Your CBD Store, BenchMark Physical Therapy, Kava Tea and Vape, Social Cigar, Wild Hare Parlour, and Liquor and Wine World. The area boasts strong retail presence with nearby businesses including Verizon, Southern Culture, UPS, Big Lots, Bi-Lo, Ulta Beauty, Hobby Lobby, Five Below, Aldi, and Chipotle. The minimum divisible space is 1,300 square feet, and the maximum contiguous space available is also 1,300 square feet. This presents a fantastic opportunity for a variety of retail businesses seeking high visibility and a strong tenant mix.

• CAP approach

  CAP return

  Valuation

  6%

  $22,752,524

  6.5%

  $21,002,330

  7%

  $19,502,162

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,300,408

  Geo Method

  $15,300,408

• Alternative Use

  Use

  Valuation

  Residential

  $17,716,250

  Hospitality

  $16,227,990

  Educational

  $13,501,497

  Medical

  $13,965,834

  Retail

  $21,002,330

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Latitude

34.8872

Longitude

-82.3877

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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