Rob Howell, MBA Senior Vice President Industrial & Investment Services O F C

Transcription

1 FOR LEASE 1505 BUNCOMBE ROAD GREENVILLE SOUTH CAROLINA FOR SALE Rob Howell, MBA Senior Vice President Industrial & Investment Services O F C rob.howelle@avisonyoung.com Meghan McDuff Associate Industrial & Investment Services O F C meghan.mcduff@avisonyoung.com

2 Conditions and Disclosures The material contained in the marketing package is furnished solely for the purpose of considering the acquisition of the Property described herein (the Property ) and is not to be used for any other purposes or made available to any other person without express written consent of Owner ("Owner") and Avison Young - South Carolina, Inc. ("Avison Young"). This marketing package contains selected information pertaining to the Property and does not purport to be inclusive or to contain all of the information which Prospective Purchasers may desire. The material in this marketing package has been compiled by Avison Young from sources considered reliable and has not been independently verified by Avison Young. Prospective Purchasers should review all available documents and make their own conclusions. All square footage and acreage should be considered approximate and should be verified by Prospective Purchasers. Neither the Owner nor Avison Young, nor any of their respective officers, agents or employees, have made any representations or warranties, expressed or implied, as to the accuracy or completeness of the information contained herein, or any additional information provided. This marketing package is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement, or advice as to the advisability of purchasing the Property described herein. The Owner reserves the right, at its sole discretion, to reject any or all offers to acquire the Property and/or to terminate discussions with any Prospective Purchaser, at any time, with or without notice. The Owner expressly reserves the right to sell the Property on any basis or using any criteria. TOP 10 CITY WHERE BUSINESS IS THRIVING - Entrepreneur (2015) Agency Avison Young is granted by Owner the sole and exclusive right to sell the real property. Avison Young represents the Owner. Refer to the South Carolina Real Estate Commission for explanation of Single Agency, Dual Agency and Designated Agency relationships. Offering Process Avison Young is pleased to present 1505 Buncombe Road. Interested parties are encouraged to contact Avison Young for details, tour the property and obtain due diligence materials. Offers will be reviewed as they are received. page Buncombe Road Property Tours & Due Diligence Property is available for Prospective Purchasers inspection and is being sold on an AS IS WHERE IS basis and no warranties are given or implied. Please contact Avison Young s Listing Broker(s) to schedule tours and obtain due diligence documents. Please do not contact Owner or Occupants.

3 1505 Buncombe Road Greenville, South Carolina Poe Mill Park Offering Highlights Situated at the signalized corner of Buncombe and Alexander Street this property is within a 1 mile commute of Downtown Greenville and the CBD. Pete Hollis Blvd SRT Spur Lease Information Buncombe Road SITE Alexander Street This building includes +/-2400 of conditioned showroom +/ of conditioned office and +/ heated warehouse. A former bakery, this building features original flooring and many interesting architectural elements. Located 1 mile from downtown, though in the county, this property is ideal for light manufacturing, creative office, a music venue, or as a multi tenant redevelopment. Adequate parking is available. Further, this property is two blocks from the new Swamp Rabbit Trail spur to Poe Mill park and is within a 1 mile radius of +/-2,000 new apartment units downtown. Sale Information Tax Map Acres Total SF Zoning Ceilings Sale Price Acres +/- 39,000 sf I-1 16' - 20' $850,000 Office/Show +/- 7,000 sf Warehouse +/- 32,000 Total Size +/- 39,000 sf Lease Rate $3.25/sf/yr NNN Available July 2017 Contact Information Rob Howell, MBA Senior Vice President C rob.howell@avisonyoung.com Meghan McDuff Associate C meghan.mcduff@avisonyoung.com Avison Young 508 Rhett Street, Suite 102 Greenville, South Carolina O F Avison Young

4 SPECIFICATIONS Location Information Address City State Zip Code County Municipality 1505 Buncombe Road Greenville South Carolina Greenville Greenville Available Space Information Primary Use Office /Showroom Warehouse SF Dock High Doors Clearance Height Manufacturing 7,000 sf 32,000 sf 2 16' - 20' General Information Tax Map Total Building SF Total Available SF Acreage Lease Rate Lease Type Class Zoning page Buncombe Road ,000 sf 39,000 sf 1.98 acres $3.25/sf/yr NNN C I-1 Air Conditioning Heat Source Number of Stories Skylights Ventilation Power Phase Power Provider Sprinklers Rail Available Fenced Yard Trailer Parking Garbage Removal Taxes & Insurance Utilities Office Only 100% 1 Yes Fan Three Phase Duke Energy Yes No Yes Yes Tenant Responsibility Tenant Responsibility Tenant Responsibility

5 FLOORPLAN 1505 BUNCOMBE ROAD FLOORPLAN Roughly 3,760 sf of Divided Space 7,260 sf Main Warehouse 17,250 sf* 25 x 25 Columns Up Second Floor Office Space 4,325 sf Drive In Door Showroom 2,400 sf 8 x 11.5 Access Door 8 x 9 8 x 9 9 x 6 Access Door Covered Dock Access 10 x 12 Roll In Door +/- 39,000 Total Space +/- 7,000 sf Office/Showroom Space *Main Warehouse has additional 4,325 sf on First Floor underneath Office Space Floorplan is an estimate. Please verify on-site. Avison Young

6 ZONING MAP SITE page Buncombe Road

7 PROPERTY PHOTOS Avison Young

8 PROPERTY PHOTOS page Buncombe Road

9 NEARBY AMENITIES SWAMP RABBIT TRAIL SRT SPUR PROPOSED POE MILL PARK SITE N MAIN STREET N CHURCH STREET PETE HOLLIS BLVD W STONE AVE ACADEMY STREET PROPOSED CITY PARK CENTRAL BUSINESS DISTRICT FALLS PARK GREENVILLE ZOO FLUOR FIELD AUGUSTA STREET Avison Young

10 MULTIFAMILY DEVELOPMENTS Downtown Greenville Multi-Family SITE 1,079 Existing Units 1 2 2,184 Units Under Construction 3 Number Building Name Units Stone & Main Stone & Rowley Greenville Gateway Holland Flats Fountains of Greenville Camperdown Main Link W. End Greenville Lofts Rivers Edge District West The Haven at Westview The Manor at Westview Elements West page Buncombe Road

11 PROPOSED TROLLEY ROUTE MAP SITE Information courtesy of the City of Greenville Avison Young

12 LOCAL HAPPENINGS HAMPTON STATION BIRDS FLY SOUTH MULTIFAMILY TROLLEY "Work is ongoing in Greenville s west side Water Tower District as tenants continue to line up for a place at Hampton Station. The 100,000-square-foot former cotton warehouse on Hampton Avenue, down the street from Swamp Rabbit Café and Grocery, is already home to Lions Roar CrossFit and Invert Skate Shop. New tenants for the multiuse space include commercial real estate firm Avison Young, which will occupy 2,500 square feet. The firm is managing and leading the transformation of the property. LiveWell Greenville will also move its offices, taking 2,500 square feet..." "Birds Fly South Ale Project has officially landed at Hampton Station. The brewery occupies 9,000 square feet at the former cotton warehouse in Greenville s West End Water Tower District, and, according to brewer and co-owner Shawn Johnson, it was designed with an urban farmhouse feel. The location will include an indoor tasting room with a standup bar and roll-up doors, long farmhouse-style tables, barrel tables with stools and approximately 2,000 square feet of outdoor seating. The tasting room will offer 10 craft beer taps, focusing on saisons and sours, but including some IPAs and pale ales..." "Up the road on Academy at Westfield Street is a project that promise to be more than 200 luxury lofts. The Lofts of Greenville, as its named is an Arlington Properties project. The development is part of Mayor Knox White's vision for a Greenville's West Side. Read more here.a 365-unit apartment building called District West is popping up along Reedy View Drive behind Linky Stone Park. The project was originally slated to be completed by May 2016, with early residents moving in last February. The District West website now says leasing is available for July..." "One of the city s new trolleys would serve Augusta Street, Cleveland Park and the Greenville Zoo, while the other would serve the Village of West Greenville under routes unveiled by Greenlink Monday afternoon. The city is buying and funding operation of two new trolleys. The trolleys, which are being paid for through hospitality tax revenue, must support restaurants, retail, parks and leisure destinations outside the central business district by providing tourists and residents transportation. The trolleys are free and will start at Falls Park. The first proposed route would serve The Village of West Greenville by traveling Pendleton Street to Brandon Mill..." -Upstate Business Journal, June 29, Upstate Business Journal, August 19, Greenville News, June 16, Greenville Journal, January 17, 2017 page Buncombe Road

13 LOCAL HAPPENINGS POINSETT CORRIDOR GREENCO BEV. MARKLEY STATION JUDSON MILL "The emerging Poinsett Corridor could support more rental housing, a tech and entrepreneurship district, and even an upper midscale hotel in the coming years, according to a new market analysis commissioned by the Greenville Revitalization Corp. In the wake of new activity such as the 11-acre Greenco Beverage distribution center and several years after launching a coalition to revitalize the corridor the report highlights what advocates have been saying for years, say stakeholders: Things are happening in the Poinsett Corridor..." "Founded in 1916, Greenco Beverage looks ahead to the next generation and continued growth in Greenville County including its new Poinsett Corridor distribution center... Established 100 years ago, family-owned Greenco is one of the area s largest beverage distributors. It is building a stateof-the-art 120,000-square-foot distribution center on Poinsett Highway in Greenville to replace the company s outdated facility on Commerce Road. The new facility will help propel Greenco forward into a second century of business, one Farr vows will be of continued growth and expansion and not just hanging on..." "RealOp Investments, a Greenville-based commercial real estate investment group, has purchased four vacant buildings on Markley Street and plans to renovate and preserve the former warehouse property in the city s historic West End. RealOp officials said the urban revitalization project, called Markley Station, continues the neighborhood s ongoing development and momentum. It will blend historic buildings with timeless finishes to house a mix of offices, retail and restaurants, the officials said. RealOp also purchased property across the street that the company intends to convert into parking..." "A North Carolina company plans a major redevelopment of the 36-acre Judson Mill property near downtown Greenville that would include office and warehouse space, up to 400 apartments and retail space along U.S. 123 that could house a grocery. The proposed mixed-use development at the 100-year-old textile manufacturing complex at 701 Easley Bridge Road (U.S. 123) would also involve construction of a two-deck parking garage with 400 spaces, according to plans on file at County Square. Spartanburg s Milliken & Co. was making textiles at the West Greenville site until last year, when it closed the yarn plant, affecting 200 workers..." -Upstate Business Journal, November 17, Upstate Business Journal, February 10, Upstate Business Journal, July 7, Upstate Business Journal, August 11, 2016 Avison Young

14 Thank You avisonyoung.com 508 Rhett Street, Suite 102 Greenville, South Carolina O F Avison Young - South Carolina, Inc.