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28332556
28332557

100 Bailey Plant Rd, Clinton, SC 29325

JU
FL BK3073947
Colliers - New York, New York
Listed by Colliers - New York, New York
$7,955,000
199 days on market
Updated 26 days ago
Opportunity zone

100 Bailey Plant Road

Details
APN 592-00-00-002
Property Type Industrial
Sub Type Distribution, Manufacturing
Square Footage 284,230
Net Rentable (SqFt) 284,230
Cap Rate 11.00%
Price per SqFt $28
Class B
Year Built 1967
Buildings 1
Stories 1
Acreage 30.000
Investment Type Net Lease
Ground Lease No
Ceiling Height 20'

Industrial | 11.00% CAP | 284,230 SqFt

Marketing description

100 Bailey Plant Road, a 284,230-square-foot industrial warehouse located in Clinton, South Carolina (Greenville MSA) priced at $7,955,000 / 11.00% Cap Rate / $28.00 PSF, representing a compelling discount to replacement cost and recent comparable transactions. The single tenant occupant has ~70 years of operating history. The offering includes a seven-year triple-net (NNN) lease at a base rent of $3.08 PSF, approximately 23% below current market levels. Situated on a 30-acre site, the property features brick construction, heavy power with a substation onsite, potential rail access, ESFR and wet sprinklers, 20-foot clear heights, 5–7% office space, full-building HVAC, and potential for additional dock positions. Its strategic location offers excellent access to I-385 and I-26, key logistics corridors serving the Greenville-Spartanburg region.

Contact broker for offering materials.

Investment highlights

100 Bailey Plant Road, a 284,230-square-foot industrial warehouse located in Clinton, South Carolina (Greenville MSA) priced at $7,955,000 / 11.00% Cap Rate / $28.00 PSF, representing a compelling discount to replacement cost and recent comparable transactions. The single tenant occupant has ~70 years of operating history. The offering includes a seven-year triple-net (NNN) lease at a base rent of $3.08 PSF, approximately 23% below current market levels. Situated on a 30-acre site, the property features brick construction, heavy power with a substation onsite, potential rail access, ESFR and wet sprinklers, 20-foot clear heights, 5–7% office space, full-building HVAC, and potential for additional dock positions. Its strategic location offers excellent access to I-385 and I-26, key logistics corridors serving the Greenville-Spartanburg region.

Contact broker for offering materials.

Listing Contacts

JU
FL BK3073947
Colliers - New York, New York
Listed by Colliers - New York, New York

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