Greenville Warehouse

Investment Overview

They don't make them like this anymore! Hard to find 18,000 SF +/- warehouse, a footprint that is not being constructed often any more. Per CoStar, the national average vacancy rate for small warehouses (< 25,000 SF) is 1.3%, well below the 8% average vacancy rate for all industrial. Over the past several years, three-quarters of new construction involved buildings over 200,000 SF, while smaller properties account for just 10% with most of those being greater than 25,000 SF. Nestled in the Greenville-Spartanburg-Anderson market, the area surrounding the property at 1489 Cedar Lane Rd boasts a strategic location for industrial and manufacturing investors. With convenient access to major transportation corridors, including Interstates 85 and 385, and proximity to the Greenville-Spartanburg International Airport, the location offers seamless connectivity for logistical operations. Nearby amenities such as the Inland Port Greer, the South Carolina Ports Inland Port, and a robust network of suppliers and service providers further elevate the appeal of this prime investment location. The area's strong workforce, considerable industrial presence, and a supportive business climate position it as an ideal choice for industrial and manufacturing ventures looking to thrive in the region. The building offers ~ 18,046 square feet of space (per 1994 survey, to be verified by buyer).

Investment Highlights

• 18,046 SF +/- building
• Zoned S-1
• High traffic corridor
• Located in close proximity to major interstates and highways