1931 Perimeter Road

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1931 Perimeter Road

Greenville, SC 29605
Asking Price
$3.90M
Asset Type
Manufacturing Industrial
Class
Class B

What's Special

Industrial Manufacturing Facility | Investment Opportunity or Strategic Owner-User <ul><li>​Existing tenant in place through current lease term, 2 years with options</li><li>​Base Rent: $13/SF Modified Gross Lease with 2.5% base rent increases over the initial term and options exercised</li><li>​NOI: ~$311,418</li><li>​Two dock-high doors and two drive-in doors</li><li>​Approximately 6,800 SF office area</li><li>​Approximately 23,500 SF manufacturing and warehouse space, with ±17,600 SF of fully conditioned manufacturing space with ±5,400 SF of additional warehouse/manufacturi

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.95%
Monthly Payment
$19,295.072
Annual Cash Flow
$-151,540.865

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