1794 Poplar Drive Ext - Manufacturing FOR SALE


Greer, SC 29651
$1,750,000 USD
864-608-0143
1794 Poplar Drive Ext, Greer, SC for Sale
$1,750,000 USD
Manufacturing - FOR SALE
1/15
null | 7.8% Cap Rate

1794 Poplar Drive Ext
Greer, SC 29651


OVERVIEW

Aline Capital is pleased to present this sale-leaseback opportunity in Greer, SC. Package Concepts, a 35-year-old company, owns and operates out of the 18,800 SF industrial property. Founded in 1989, Package Concepts is a leading provider of manufactured corrugated packaging solutions and shipping supplies in the region. The 2.18-acre property boasts a premium location directly across from the GSP airport, and only 3.5 miles down the road from the Inland Port Greer. The company is seeking a long-term lease with an initial rental rate of $7.25/SF NNN, which generates a 7.8% Cap Rate at the asking price of $1.75 million.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

17.583333333333332 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

2.1

LAND SF

91,476

ZONING

I1

APN/PARCEL ID

0529.01-01-013.02

ASK ABOUT THIS PROPERTY

Sam FaulkenberryAline CapitalMore Info
864-608-0143

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Sam FaulkenberryAline CapitalMore Info
864-608-0143

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.