319 Pelham Rd - Office FOR SALE


Greenville, SC 29615- Eastside
$3,995,000 USD
864-884-8730
319 Pelham Rd, Greenville, SC for Sale
$3,995,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

319 Pelham Rd
Greenville, SC 29615
Eastside


HIGHLIGHTS

  • Roof and interior renovated in 2023

OVERVIEW

319 Pelham Road is an ±18,208-square-foot office building located in Greenville, SC offered for sale at $3,995,000. The Social Security Administration occupies the property under a new 10-year lease, which includes a five-year firm term and a five-year non-firm term—offering a strong federal tenant commitment and long-term income security. It is important to note that this location was deemed essential by DOGE in the recent scrutiny of government office leases, and the SSA looks forward to continuing its long-standing tenancy in the building. The asking price of $219/SF provides a very attractive basis for an investor, as comparable sales would suggest the property would be worth a similar amount vacant.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

2.16 AC

LAND SF

93,915 SF

ZONING

BG

APN/PARCEL ID

0278.00-02-001.01

ASK ABOUT THIS PROPERTY

Bailey TollisonColliersMore Info
864-884-8730

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Bailey TollisonColliersMore Info
864-884-8730

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