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B 1046 Watkins Rd 18,850 SF 100% Leased Industrial Building Anderson, SC 29625 $1,725,000 ($91.51/SF) 7.47% Cap Rate
Executive Summary
This ±18,850 SF industrial investment property consists of two leased buildings on a ±5.43 acres. Building A includes ±990 SF of office space and ±7,860 SF of warehouse space with 16’ clear height, two dock-high doors (10’ x 12’), and two drive-in doors (12’ x 12’). Building B is a ±10,000 SF warehouse building featuring one dock-high door (10’ x 12’) and one drive-in door (14’ x 12’) with approximately 22ft clear heigh. Tenant installed entirely new HVAC system in Building B. Both buildings have been recently completely renovated with high quality finishes, and superior attention to detail.
The property offers a fully fenced parking lot and lay down yard with key card access, approximately 15 parking spaces (recently restriped), and ample truck parking and laydown area. The premises are well suited for various industrial uses including warehousing, distribution, or light manufacturing.
The property offers a fully fenced parking lot and lay down yard with key card access, approximately 15 parking spaces (recently restriped), and ample truck parking and laydown area. The premises are well suited for various industrial uses including warehousing, distribution, or light manufacturing.
Property Facts
| Price | $1,725,000 | Rentable Building Area | 18,850 SF |
| Price Per SF | $91.51 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2000 |
| Cap Rate | 7.47% | Parking Ratio | 1.59/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 5.43 AC | ||
| Zoning | I - Industrial | ||
| Price | $1,725,000 |
| Price Per SF | $91.51 |
| Sale Type | Investment |
| Cap Rate | 7.47% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.43 AC |
| Rentable Building Area | 18,850 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.59/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I - Industrial |
Amenities
- 24 Hour Access
- Fenced Lot
- Front Loading
Utilities
- Water
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Yard Upstate
- Agriculture, Forestry, Fishing and Hunting
- -
- $9.75
- Modified Gross
- Jul 2035
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Yard Upstate | Agriculture, Forestry, Fishing and Hunting | - | $9.75 | Modified Gross | Jul 2035 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 066-00-06-001 | Improvements Assessment | $33,780 |
| Land Assessment | $5,200 | Total Assessment | $38,980 |
Property Taxes
Parcel Number
066-00-06-001
Land Assessment
$5,200
Improvements Assessment
$33,780
Total Assessment
$38,980
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B | 1046 Watkins Rd
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