For Sale $5,750,000
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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Attachments

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

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.

Contacts

John Bauknight

Roadstead Real Estate Advisors Upstate

Location

Getting Around

Walk Score ®
13/100 Car-Dependent
Bike Score ®
22/100 Somewhat Bikeable

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

Hatcher Garden Bus Parking

3.59 miles
Three Creeks Trail parking

4.39 miles
City Hall Parking Lot

5.22 miles
RedSail Parking Lot

5.23 miles
Library Parking

5.29 miles
Kennedy Street Garage

5.34 miles
Magnolia Street Garage

5.36 miles
County Courthouse Garage

5.41 miles
Dunbar Street Garage

5.41 miles
Fretwell parking

5.43 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

Food Lion

0.80 miles
S&A Discount Grocery

3.23 miles
Sunny's Market

3.84 miles
Walmart Supercenter

3.89 miles
ALDI

3.92 miles
Ross

4.07 miles
TJ Maxx

4.11 miles
Burlington

4.28 miles
Kohl's

4.45 miles
Target

4.47 miles

Roebuck Fire Department Station 1

0.92 miles
Roebuck FD Station 24 (Sta. 2)

2.75 miles
Westview-Fairforest FD - Station 2

2.86 miles
Hub City Pharmacy

3.14 miles
CVS Pharmacy

3.18 miles
Walgreens

3.30 miles
Parkside Pediatrics

3.38 miles
SRHS Immediate Care

3.40 miles
Reidville Road Pharmacy

3.40 miles
Allergic Disease & Asthma Center

3.52 miles

Frequently Asked Questions

How much does Griffin Gear cost?

The space currently listed for sale at Griffin Gear asks for $5,750,000.

What is the total square footage of Griffin Gear?

Griffin Gear totals 73,517 square feet.

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