131 Railroad St Roebuck, SC 29376-2942
This exceptional investment opportunity presents a fee-simple 66,758 square foot warehouse located at 131 Railroad St, Roebuck, SC 29376. The property sits on a 4.69-acre lot and boasts 36 parking spaces. Built in 2003, this single-tenant warehouse offers a secure, net-lease investment with a strong 7.64% cap rate. The current lease with Griffin Gear has four years remaining, providing immediate cash flow and long-term stability. The NNN lease structure ensures the tenant covers all property expenses, including real estate taxes, building insurance, and maintenance, minimizing owner responsibilities. Griffin Gear, backed by a private equity firm, demonstrates a strong financial foundation. The property's strategic location in Roebuck, South Carolina, provides easy access to Interstates 26 and 85, benefiting from the area's business-friendly environment and excellent accessibility. The property's APN is 6-29-14-016.09
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Griffin Gear Inc Industrial Manufacturer Metal Fabrication Plant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.