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14647244
14647243

110 E Butler Rd, Mauldin, SC 29662

Diamond Investments
Listed by Diamond Investments
$3,100,000
55 days on market
Updated 22 days ago

Mauldin Commons

Details
Property Type Retail
Sub Type office
Square Footage 12,000
Net Rentable (SqFt) 12,000
Units 10
Cap Rate 8.09%
NOI $250,745
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 5
Rent Bumps Yes
Pro-Forma Cap Rate 8.11%
Pro-Forma NOI $251,508
Price per SqFt $258
Class A
Year Renovated 2023
Buildings 1
Stories 2
Zoning c-2
Parking Spaces 59 spaces
Parking Per SqFt 4.92
Investment Type Net Lease
Ground Lease No
Sale Condition For sale by owner

Fully stabilized and renovated retail center - Primary Road

Marketing description

Located in the heart of the Greenville, SC MSA, Mauldin Commons represents a rare opportunity to acquire a fully stabilized, 12,000-square-foot retail center in the proven Mauldin submarket. Benefiting from a comprehensive modernization in 2023, the asset boasts best-in-class curb appeal along a centralized, high-traffic commercial corridor.

The center is uniquely positioned with an internet-resistant tenant mix that includes medical users and specialized service providers. The current roster features operators with established community histories and multiple regional locations, mitigating vacancy risk and ensuring long-term cash flow stability. As one of the few newly renovated properties in the vicinity, Mauldin Commons commands a distinct competitive advantage in tenant retention and consumer draw.

The surrounding Mauldin retail submarket is defined by its robust economic backbone and the ongoing influx of capital from neighboring growth sectors. With compelling projections for sustained, above-average population growth within a 3-mile radius, this asset is perfectly positioned to yield consistent returns. Step into a premier acquisition opportunity and capture the upside of this dynamic economic landscape. Contact us today for more details.

Investment highlights

  • Turnkey Asset with Recent CapEx: 12,000-square-foot retail center featuring a comprehensive 2023 renovation, offering best-in-class curb appeal and minimal deferred maintenance.
  • Stabilized Cash Flow: High occupancy supported by a diverse, internet-resistant tenant mix—including medical and personal services—secured by long-term leases and strong regional operating histories.
  • Strategic MSA Positioning: Centrally located in the established and rapidly expanding Mauldin submarket, a high-traffic commercial corridor within the Greenville, SC metro.
  • Direct Path of Progress: Positioned to benefit directly from strong economic spillover and above-average projected population growth within a primary 3-mile radius.
  • Proximity to Major Traffic Drivers: Strategically situated within 1.5 miles of high-volume national and regional retailers, including Publix, Ingles, CVS, Cook Out, and Tropical Grille, ensuring consistent daily consumer draw.

Listing Contacts

Diamond Investments
Listed by Diamond Investments

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$250,745.00
$20,895.42/mo

Valuation Metrics

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DSCR
8.09%
Cap Rate
8.09%
ROI

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