Retail Business for Lease in Greenville, SC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Greenville, SC 29611
  • Size: 13,263 SF

Description

Versatile Commercial Property for Lease – Prime Hwy 123 Location Address: New Easley Highway (Hwy 123), Greenville County, near Pickens County Line

Market Context

This retail in Greenville, SC is listed for lease across 13,263 SF. It has been on the market for 26 days. Compare it against other retail listings for lease in Greenville, SC — <a href="/search/lease/retail/south-carolina/greenville">view the full market</a>.

As of Q4 2023, the Greenville retail market showed a 4.8% vacancy rate, average asking rents near $11.79/SF/yr, and cap rates around 8.1%. Source: Consensus Q4 2023 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Greenville?
About 8.1% as of Q4 2023, per Consensus.
Is the Greenville retail market tightening or softening?
Vacancy is around 4.8% (Q4 2023).

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