554 Memorial Drive Ext 9,865 SF 100% Leased Office Building Greer, SC 29651 $1,395,000 ($141.41/SF) 7.80% Cap Rate
EXECUTIVE SUMMARY
Prime investment property. 7.8% Cap Rate
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,865 SF
Building Class
B
Year Built/Renovated
1982/2022
Price
$1,395,000
Price Per SF
$141.41
Cap Rate
7.80%
NOI
$108,811
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,672 SF
Slab To Slab
8’
Building FAR
0.23
Lot Size
1.00 AC
Zoning
C-3 - Commercial
Parking
28 Spaces (2.84 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | G019.00-01-021.07 | Improvements Assessment | $39,400 |
| Land Assessment | $5,320 | Total Assessment | $44,720 |
