For Sale
$700,000

401 Crowther DrAnderson, SC 29621

40,500 SF Warehouse, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a single-tenant, 40,500-square-foot warehouse located at 401 Crowther Drive in Anderson, South Carolina. Built in 1970, this one-story industrial property boasts a 14-foot clear ceiling height, four dock-high doors, and is fully sprinklered. The property includes approximately 1.5 acres of fenced lay-down yard space, providing ample storage capacity. The building is currently leased to Verdantas under a triple-net (NNN) lease, expiring August 31, 2027, generating an annual net operating income (NOI) of $40,000. The property features 3-phase power and is conveniently located in Anderson County, just minutes from Highway 29. The property's Assessed Parcel Number (APN) is 150-11-03-001-000. This well-maintained warehouse offers a strong return on investment with a long-term tenant in place. The property's strategic location and desirable features make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a stable, income-producing industrial asset in a growing market. The asking price is $700,000.

Highlights

  • Verdantas is the current tenant.
  • Lease expires August 31, 2027.
  • Annual Net Operating Income (NOI) is $40,000.
  • 40,500 square foot building with fenced lay-down yard.
  • 14-foot clear ceiling height.
  • Half-acre of paved storage.

Property Details for 401 Crowther Dr

Property type
Warehouses, Industrial properties
Square Feet
40,500 SF
Year Built
1970
Stories
1

Location Insight

City
Anderson
County
Anderson
State
South Carolina
Latitude
34.5002055
Longitude
-82.6154514
401 Crowther Dr, Anderson, South Carolina

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401 Crowther Dr
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