1253 Pleasantburg Dr Greenville, SC 29605-1344

Property Details for 1253 Pleasantburg Dr

Lot size

0.22 lot acres

Zone code

PDR

Property type

Retail space

APN

M015.03-02-002.01

APU

M015030200201

Description

This exceptional investment opportunity presents a fully leased, 5,500 square foot flex building situated on a 0.49-acre lot in Greenville, South Carolina. The property, located at 1253 S Pleasantburg Dr, boasts a prime location on a major thoroughfare, benefiting from high visibility and traffic volume exceeding 27,100 vehicles per day. The building, constructed in 1977 and extensively renovated in 2023, features one story and one loading dock with one dock-high door. The improvements include new sewer lines, a resealed roof, and a resurfaced parking lot. Currently operating at 100% occupancy with a single tenant under a NNN lease, this stabilized investment offers a compelling 7.09% cap rate and a pro-forma NOI of $78,001. The property is zoned for commercial use and benefits from its proximity to Interstate 85 (0.7 miles) and numerous national retailers including Aldi, O'Reilly's, Crunch Fitness, AutoZone, QuikTrip, and Home Depot. Greenville's strategic growth plans, as outlined in the GVL 2040 comprehensive plan, further enhance the long-term value and potential of this asset. The area enjoys steady population growth and a high average household income ($106,000 within a 5-mile radius), supported by major employers such as BMW, Michelin, Prisma Health, ScanSource, and Tesla. This presents a rare opportunity to acquire a high-performing, low-maintenance investment in a thriving South Carolina market. The APN is M015030200201.

Location Insight

City

Greenville

County

Greenville

State

South Carolina

Longitude

-82.3729

Latitude

34.8063

CBSA code

24860

CBSA name

GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments