Contacts

John Bauknight

Roadstead Real Estate Advisors Upstate

Property Details

Property Type Industrial - Manufacturing
Property Size 73,517 SF
Units 1
Lot Size 3.82 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Date Updated Oct 7, 2024
HVAC None

Situated in close proximity to major transportation routes, the area offers easy access to I-26 and I-85 facilitating efficient distribution and logistics operations. The Inland Port of Greer is 24 miles away and the BMW manufacturing plant is 16 miles away.Roadstead is pleased to present a local industrial property currently occupied & leased by Griffin Gear, a reputable tenant that is backed by a Southeast private equity firm, Gen Cap America. Founded in 1988, Gen Cap America, specializes in acquisitions and recapitalizations of quality middle-market and lower-middle-market business that have revenues between $10 and $200 Million dollars. This industrial property represents an opportunity to invest in an income-generating asset with a long term tenant and a traditional NNN lease structure. Price recently reduced to $5,750,000.

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Highlights

Lease Structure: Griffin Gear has recently committed to a 5-year NNN lease. The tenant will cover
the real estate taxes, building insurance, all maintenance, and property expenses onto the tenant,
minimizing the owner's financial responsibilities.
Griffin Gear's long standing history in conjunction with a private equity ownership company
provides a solid foundation for strategic addition to an investment portfolio.
Strategic Location: Situated in Roebuck, this industrial property benefits from its strategic
positioning as it is has access to both I-26 and I-85. The area is known for its accessibility and
business-friendly environment, making it a great location for industrial operations.

Attachments

Offering Memorandum (L) (PDF) opens in new window

Getting around

13/100
Walk Score ®
22/100
Bike Score ®

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Location

City Roebuck, SC
Neighborhood Roebuck
Zip Code 29376
Market Greenville

Points of Interest

Spartanburg

5.46 miles

Speedway

0.82 miles
Shell Gasoline

2.60 miles
Truck Stop

2.65 miles
Kangaroo Express

3.14 miles
Exxon

3.18 miles
QuikTrip

3.22 miles
7-Eleven

3.38 miles
Tesla Supercharger

4.10 miles
Amoco

4.18 miles
Spinx

4.18 miles

Whatta Wash

3.33 miles
Enterprise

3.42 miles
Hertz

3.52 miles
Shine On Twenty 9 Car Wash

4.10 miles
Jones Auto Detailing & More

4.42 miles
Avis

4.81 miles
Shine Near Pine Car Wash

5.50 miles
Wow Now car wash

5.77 miles
ModWash

6.39 miles
Whistle Express

7.53 miles

Coco Loco

1.28 miles
Arby's

2.47 miles
Bojangles'

2.50 miles
Zaxby's

2.56 miles
Waffle House

2.73 miles
Wasabi

3.06 miles
Fuddruckers

3.10 miles
Blue Bay

3.11 miles
Jersey Mike's Subs

3.14 miles
Five Guys

3.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.