1401 Woodruff Rd Greenville, SC 29607-6545
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.
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National Real Estate Services Property Management Company
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Smoke N Brew 2 (Bike/Boat/Book/etc) Store
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Upstate Studio by Century Complete Construction Company General Contractor
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Century Complete - Bella Casa Construction Company General Contractor
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woodruff sc shopping center Shopping Center & Mall
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
C2 · Greenville, SCCosts & 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.