131 Railroad StRoebuck, SC 29376

Property Details for 131 Railroad St

Year built

1930

Construction

METAL FRAME

Lot size

0.36 AC

Property size (Sq ft)

2,800 SF

Property type

Industrial properties

Property subtype

Other industrial properties

APN

6-2914-01608

APU

6291401608

Description

This exceptional investment opportunity presents a fee-simple 66,758 square foot warehouse located at 131 Railroad St, Roebuck, SC 29376. The property sits on a 4.69-acre lot and boasts 36 parking spaces. Built in 2003, this single-tenant warehouse offers a secure, net-lease investment with a strong 7.64% cap rate. The current lease with Griffin Gear has four years remaining, providing immediate cash flow and long-term stability. The NNN lease structure ensures the tenant covers all property expenses, including real estate taxes, building insurance, and maintenance, minimizing owner responsibilities. Griffin Gear, backed by a private equity firm, demonstrates a strong financial foundation. The property's strategic location in Roebuck, South Carolina, provides easy access to Interstates 26 and 85, benefiting from the area's business-friendly environment and excellent accessibility. The property's APN is 6-29-14-016.09

Location Insight

City

Roebuck

County

Spartanburg

State

South Carolina

Latitude

34.8785

Longitude

-81.9682

CBSA code

43900

CBSA name

SPARTANBURG, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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