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Property profile & analytics
OFF-MARKET Estimated value $2,700,000
Strip malls

1401 Woodruff Rd Greenville, SC 29607-6545

1.2 ac lot
Entity Owned ~ Est. High Equity
Property ID
US77-2175745
Property summary
AI-generated overview

This exceptional retail investment property, located at 1401 Woodruff Road in Greenville, South Carolina, presents a compelling opportunity for discerning investors. The 9,600 square foot building sits on a prime outparcel to a Walmart Supercenter, within Greenville's most sought-after retail corridor boasting over 4.3 million square feet of high-quality tenants and approximately 38,600 vehicles per day. Currently operating at 100% occupancy with triple net (NNN) leases, this multi-tenant property offers below-market rents averaging $24.12 per square foot, presenting a significant value-add potential. The property benefits from convenient cross-access to two signalized intersections, mitigating the impact of the Woodruff Road DOT project. Its strategic location, just 0.25 miles from I-385 (104,700 vehicles per day), ensures exceptional visibility and accessibility. The asking price is $3,295,000, representing a 7.00% cap rate and a land value of $343 per square foot. This is a rare opportunity to acquire a high-performing retail asset in a thriving market with significant upside potential. The property's strong operating history and desirable location make it an ideal addition to any investment portfolio. The current leases provide a stable income stream, while the below-market rents offer the potential for significant future rental growth.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 1.2 ac (52,272 SF)
Zoning code C2
APN 0547.03-01-033.00
UPID US77-2175745
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
  • National Real Estate Services Property Management Company
  • Smoke N Brew 2 (Bike/Boat/Book/etc) Store
  • Upstate Studio by Century Complete Construction Company General Contractor
  • Century Complete - Bella Casa Construction Company General Contractor
  • woodruff sc shopping center Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.70M
Owner & transaction history
Msi Woodruff Road Property Owner Ll
Msi Woodruff Road Property Owner Ll
since 2025
Last sale
$2.7M
3 recorded transactions
2025
$2.7M
2025
$756,000
2008
$2.2M
Zoning & alternative use
C2 · Greenville, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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