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2 Green Tree Road

2 Green Tree Road, Anderson, SC 29625, United States

2 Green Tree Road

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for 2 Green Tree Road (“The Property”) – a 121,000 square foot industrial facility located off I-85 in Anderson, SC. The Property is 100% leased to Mac Discount with 4.8 years of lease term remaining. The 220'-deep, distribution asset features 21' clear height, ESFR sprinklers and LED lighting, as well as additional acreage on-site for potential future trailer parking.

Access Data Room
Property Type
Industrial
Deal Type
Acquisition
Risk Profile
Core Plus

Investment Highlights

 

HIGH-GROWTH TENANT PROVIDING IN-PLACE CASH FLOW

• 100% leased on a triple net basis to online bargain retailer

RECOMMERCE412, LLC d/b/a Mac Discount with 4.8 years of remaining lease term

• Boasting remarkable year-over-year top-line revenue growth, the firm has seen its net income grow by nearly 500% since 2021

• Tenant has one (1), five (5)-year fair market value (FMV) renewal option

 

ADVANTAGEOUS DISTRIBUTION LOCATION

• The Property is situated just 2.7 miles from the I-85 industrial and commercial super corridor, providing seamless connectivity to the booming metropolitan areas of the Southeast including Atlanta, Greenville-Spartanburg, Charlotte, Greensboro and Raleigh-Durham

• Located in Anderson, South Carolina, the facility sits at the midpoint between Charlotte and Atlanta, providing irreplaceable access to two of the most robust and diversified economies in the Sun Belt

• The asset benefits from access to Inland Port Greer as well as the future Northeast Georgia Inland Port via I-85, offering robust irreplaceable logistical connection to the highly productive ports of Savannah and Charleston

 

FUNCTIONAL LOGISTICS FACILITY

The Property presents a collection of sought-after design features offering efficient and effective distribution capabilities:

• 220’-deep side-load facility

• 21’ minimum clear height

• Eight (8) dock doors with levelers, locks and seals and two (2) drive-ins serviced by 150’-deep truck court with concrete apron

• ESFR fire suppression and LED lighting

• Additional acreage for future outside storage (see site plan)

 

BELOW REPLACEMENT COST ACQUISITION

The Property is being offered significantly below replacement cost for similar freestanding, small-footprint industrial product given the unprecedented rise in land and construction costs compounded by material shortages that

make new construction prohibitively expensive.