Download Today 







    Shops at Pelham
    $5,245,000
    Plus Greenville, SC
    Offering Memorandum
    Lease Type
    NNN
    Cap Rate
    5.25%
    Property Type

    Retail

    Building Size
    7,455 SF
    NOI
    $275,512
    Land Area
    1.10 AC
    Status
    Active
    Michael Zimmerman
    Michael Zimmerman
    Founder
    Property Highlights
    Prime Investment Opportunity

    This multi-tenant site along Pelham Road is 100 percent leased to three tenants on NNN leases: GOLFTEC, Wendy’s and Rapid Fired Pizza. These leases feature a mix of corporate and franchise guarantees. The leases also include multiple options to renew along with scheduled rental increases. The site is adjacent to many national retailers (including Walmart and BI-LO) as well as a 55,000-square-foot TopGolf entertainment center off Garlington Road, which features a 215-yard driving range.

    Easily Accessible Retail Site

    The property has easy access to Interstate 85, which boasts daily traffic counts in excess of 131,000 vehicles. The Greenville-Spartanburg International Airport is less than five miles from the site and provides services to more than 2.31 million passengers each year. Greenville itself is conveniently located halfway between the metropolitan areas of Atlanta, Georgia and Charlotte, North Carolina.

    Thriving Downtown Area

    The property is a short distance away from Greenville’s award-winning downtown area. Livability recently ranked downtown Greenville as one of the “Top 10 Best Downtowns” in the country, and The New York Times called Greenville a “national model for a pedestrian-friendly city center.” During the day, downtown Greenville is home to over 20,000 employees, and visitors can shop and dine at hundreds of retailers both large and small.

    This property is listed in conjunction with South Carolina broker Gregory R. Weathers of MASW, LLC (License No. 86079).

    Shops at Pelham
    Greenville, SC
    View Details