880 South Pleasantburg Dr

Office for Sale
Catylist Listing ID: 30180767
Property Subtypes: Business Park
Condo? Yes
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Sale Price: $389,900
Property Use Type: Investment
Building Name: Riverside Office Park
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 11/12/2018

Overview / Comments

Price Reduced!
From $435,00 To $389,900
Riverside office park income property for sale, +/- 4000 s/f office, leased since 2008 with a national credit hospice care tenant. Lease extension signed and to begin for additional 3 years in 2018 with one 2 year option. Gross monthly income of $4400.00. Both AC units have been replaced since 2016 and a new deck overlooking Riverside Golf Club was replaced in 2017 and freshly painted. +/- 2 miles to GHS and Downtown Greenville.

Current Tenants

Tenant Business Name Regency Hospice
Website URL http://www.regencyhospice.com/locations
Industry Type Health Care and Social Assistance
Is Renting? Yes
Suite Number 1A
SF of Space Occupied 4,000 SF
Current Rent $4,400 PSF (Annual)
Lease Expiration 3/2020
Options One -two year option

Additional Details

Nearest MSA: Greenville-Anderson-Mauldin
County: Greenville
Tax ID/APN: 0270020100100
Is Condo?: Yes
Zoning: OD
Property Located Between: Between Cleveland St extension and Mauldin Rd. Accross from Sara Collins
Property Visibility: Good
Highway Access: 1 Mile to I-85
Site Description: Riverside office park
Area Description: Riverside Office park and backs up Greenville Country Club

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,705 54,954 167,986
Median Age: 36.64 37.7 36.92
Households: 3,447 23,841 69,513
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