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191 Watershed Wy 113,737 SF Industrial Building Spartanburg, SC 29301 $6,300,000 ($55.39/SF)
Investment Highlights
- Net leased investment with long-term tenant in place
- 30,000 SF pre-graded expansion pad for future growth
- 5 dock doors with equipment packages + 1 drive-in door
- 60,000 SF tilt-up concrete warehouse with 32' ceilings
- Strategic location at I-85/I-26 interchange (1 mile from I-85)
- 72 auto parking spaces + trailer parking available
Executive Summary
191 Watershed Way represents a premier net leased investment opportunity in the heart of Spartanburg
County's rapidly expanding industrial market. This headquarters-quality facility is strategically positioned at the
crossroads of I-85 and I-26, two of the Southeast's most vital transportation corridors, offering exceptional
connectivity and regional reach.
The property is 100% leased to a third-generation, family-owned national company with over four decades of
continuous operation. This tenant has grown faster than the industry average since founding, generates
substantial annual revenue, and serves as a primary supplier across the United States. The company executed
a new five-year net lease in January 2026 with annual bumps, demonstrating long-term commitment to the
facility.
The property includes a 30,000 SF pre-graded expansion pad, providing immediate capacity for tenant growth
or future development.
County's rapidly expanding industrial market. This headquarters-quality facility is strategically positioned at the
crossroads of I-85 and I-26, two of the Southeast's most vital transportation corridors, offering exceptional
connectivity and regional reach.
The property is 100% leased to a third-generation, family-owned national company with over four decades of
continuous operation. This tenant has grown faster than the industry average since founding, generates
substantial annual revenue, and serves as a primary supplier across the United States. The company executed
a new five-year net lease in January 2026 with annual bumps, demonstrating long-term commitment to the
facility.
The property includes a 30,000 SF pre-graded expansion pad, providing immediate capacity for tenant growth
or future development.
Property Facts
| Price | $6,300,000 | Rentable Building Area | 113,737 SF |
| Price Per SF | $55.39 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 2000 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | No. Dock-High Doors/Loading | 5 |
| Lot Size | 8.66 AC | No. Drive In / Grade-Level Doors | 1 |
| Price | $6,300,000 |
| Price Per SF | $55.39 |
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 8.66 AC |
| Rentable Building Area | 113,737 SF |
| No. Stories | 2 |
| Year Built | 2000 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
Amenities
- Conferencing Facility
- Security System
- Monument Signage
- Air Conditioning
Utilities
- Lighting - Incandescent
- Gas
- Water
- Sewer
- Heating
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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