For Sale
$7,000,000

120 Broadus Ave Greenville, SC 29601

Prime Office Investment, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a two-story, 20,000 square foot office building situated on a 1.43-acre lot in Greenville, South Carolina's desirable Pettigru District. The property boasts a strong net operating income (NOI) of $420,277 annually, and features ample on-site surface parking. Its convenient location offers easy access to I-385 and is just minutes from Main Street's vibrant restaurants and shops. The elevated site provides stunning mountain views. Currently, the building is occupied by two tenants: ABS Kids, a national tenant with a brand new 10-year lease commencing March 1, 2025, occupying approximately 15,000 square feet, and American Leprosy Missions, Inc., occupying approximately 5,000 square feet, currently on their third lease renewal option. Recent landlord and tenant improvements exceeding $650,000 have been completed. The property is zoned RNX-B (City of Greenville) and has a tax map number of 0044000100500. This presents a compelling opportunity for institutional investors seeking a stable, high-performing asset with significant redevelopment potential in a thriving downtown location. The asking price is $7,000,000.

Highlights

  • $7,000,000 asking price for this Greenville, SC office building.
  • 20,000 square feet of office space in a two-story building.
  • $420,277 Net Operating Income (NOI).
  • 1.43-acre lot located in Greenville's Pettigru District, minutes from Main Street.
  • Convenient I-385 access and ample on-site parking.
  • Features mountain views and is zoned RNX-B (Greenville County Tax Map #: 0044000100500).

Property Details for 120 Broadus Ave

Property type
Office properties
Square Feet
20,000 SF
Stories
2
Lot Size (sq. ft)
62,291 SF

Location Insight

City
Greenville
County
Greenville
State
South Carolina
Latitude
34.8505801
Longitude
-82.392189

FAQs

What type of property is this?
Office property - Prime Office Investment, High NOI
Where is the office property located?
The property is located at 120 Broadus Ave Greenville, SC.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: $7,000,000 asking price for this Greenville, SC office building.; 20,000 square feet of office space in a two-story building.; $420,277 Net Operating Income (NOI).
How can I contact the broker?
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120 Broadus Ave
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