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308-310 Maxwell Ave 75,014 SF Industrial Building Greenwood, SC 29646 $5,400,000 ($71.99/SF) 7.18% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully leased to Eaton Corporation with ±4 years remaining and 5-year renewal option
- Strategic location with access to I-26, I-85, and major Southeastern metros
- Brand-new TPO roof installed in 2025 with warranty through 2040
- Metal construction with 20-foot clear height and six dock-high doors
EXECUTIVE SUMMARY
Positioned in the heart of Greenwood’s established industrial corridor, 310 Maxwell Avenue presents a compelling opportunity for investors seeking stable cash flow and long-term value. This ±75,014-square-foot facility is fully leased to Eaton Corporation, a global leader in power management solutions with a strong regional footprint and continued investment in South Carolina. The property sits on ±5.4 acres and features a metal construction, 20-foot clear heights, six dock-high doors, and a fully conditioned interior, making it ideal for manufacturing and distribution operations.
The asset benefits from a triple-net lease structure with ±4 years remaining and a five-year renewal option. A brand-new TPO roof installed in 2025 is backed by a warranty through 2040, minimizing future capital expenditures. Located ±40 miles from I-26 and I-85, the site offers strategic access to major Southeastern markets including Greenville, Columbia, and Charlotte. Greenwood’s diversified industrial base and proximity to three commercial airports further enhance the property’s logistical appeal.
Eaton’s long-term commitment to the region, including a $340 million expansion in Union County, underscores the strength of the tenancy and the reliability of future income. This offering combines institutional-grade tenancy with operational efficiency in a growth-oriented market.
The asset benefits from a triple-net lease structure with ±4 years remaining and a five-year renewal option. A brand-new TPO roof installed in 2025 is backed by a warranty through 2040, minimizing future capital expenditures. Located ±40 miles from I-26 and I-85, the site offers strategic access to major Southeastern markets including Greenville, Columbia, and Charlotte. Greenwood’s diversified industrial base and proximity to three commercial airports further enhance the property’s logistical appeal.
Eaton’s long-term commitment to the region, including a $340 million expansion in Union County, underscores the strength of the tenancy and the reliability of future income. This offering combines institutional-grade tenancy with operational efficiency in a growth-oriented market.
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PROPERTY FACTS
| Price | $5,400,000 | Rentable Building Area | 75,014 SF |
| Price Per SF | $71.99 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1998 |
| Cap Rate | 7.18% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 6 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 5.40 AC | Parcel Number | 6845-751-944-000 |
| Zoning | LIW (Light Industrial War - LIW (Light Industrial Warehouse) | ||
| Price | $5,400,000 |
| Price Per SF | $71.99 |
| Sale Type | Investment |
| Cap Rate | 7.18% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 5.40 AC |
| Rentable Building Area | 75,014 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Tenancy | Single |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LIW (Light Industrial War - LIW (Light Industrial Warehouse) |
| Parcel Number | 6845-751-944-000 |
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308-310 Maxwell Ave
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