104 Mauldin Rd Greenville, SC 29605-1221

This exceptional multi-tenant retail and office investment opportunity is located at 104 Mauldin Road, Greenville, South Carolina, 29605, in Greenville County. The property comprises two buildings totaling 26,828 rentable square feet, situated on a prominent location with high visibility. The property features a diverse tenant mix and offers significant value-add potential through lease renewals and re-letting to market rates under a triple-net (NNN) lease structure. The current Net Operating Income (NOI) is $148,032, yielding a 6.58% capitalization rate. However, a pro-forma analysis projects a significantly higher NOI of $231,067, resulting in a 10.27% pro-forma cap rate, showcasing substantial upside potential. The property is zoned C-2 Commercial, allowing for a variety of uses. The location benefits from high traffic volume, with 28,100 vehicles per day (VPD) on Mauldin Road in 2022. Its strategic proximity to I-85, Augusta Street, and Downtown Greenville enhances its appeal. Monument signage is available for tenants. The property also presents an owner-user opportunity due to existing vacancies. The asking price for this lucrative investment is $2,000,000. APN: M015010100000 & M015010100503. This is a two-story building.