Listed by KDS Caine Commercial Real Estate
$3,900,000
1931 Perimeter Road, Greenville, SC 29605
Details
APN 0400010102201
Property Type Industrial
Sub Type Manufacturing
Square Footage 30,365
NOI $311,418
Tenancy Single
Zoning I-1
Parking Spaces 36 spaces
Parking per 1,000 SqFt 1.19
Investment Type Owner/User
Ground Lease No
Dock High Doors 2
Industrial Manufacturing Facility | Investment Opportunity or Strategic Owner-User
Marketing description
±30,365 SF industrial manufacturing facility located within Greenville's premier aerospace and advanced manufacturing corridor near Donaldson Airfield. The property is currently occupied by an established manufacturing user, providing immediate cash flow while offering future owner-occupancy potential upon lease expiration. The facility is well-suited for manufacturing, assembly, automation, aerospace suppliers, engineering firms, and other industrial users seeking a strategic Upstate South Carolina location.
Investment highlights
- Existing tenant in place through current lease term, 2 years with options
- Base Rent: $13/SF Modified Gross Lease with 2.5% base rent increases over the initial term and options exercised
- NOI: ~$311,418
- Two dock-high doors and two drive-in doors
- Approximately 6,800 SF office area
- Approximately 23,500 SF manufacturing and warehouse space, with ±17,600 SF of fully conditioned manufacturing space with ±5,400 SF of additional warehouse/manufacturing space
- Located within the Donaldson industrial and aerospace corridor.
- Immediate access to I-85, Greenville-Spartanburg International Airport, and Inland Port connections.
- Surrounded by major employers including aerospace, automotive, advanced manufacturing, and automation companies.
- Positioned within one of the fastest-growing industrial markets in the Southeast.
Listing Contacts
Listed by KDS Caine Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$311,418.00
$25,951.50/mo
Valuation Metrics
0
DSCR
7.99%
Cap Rate
7.99%
ROI
Map
Zoning
I-1 IndustrialIndustrial
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View all 169 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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