Licensed South Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Greenville, SC

Greenville has emerged as the economic engine of upstate South Carolina, with a downtown revitalization widely cited as one of the most successful in America. BMW's manufacturing campus in Greer, Michelin's North American headquarters, GE Power's gas turbine operations, and a growing technology sector have created a diversified economy that attracts corporate investment and talent from across the country. Main Street Greenville's walkability, Falls Park on the Reedy, and the restaurant scene have transformed the city's national perception — and that perception shift is reflected in commercial property values that have appreciated dramatically over the past decade.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Greenville Commercial Real Estate Market

Greenville's commercial real estate market benefits from what may be the most successful downtown revitalization in the Southeast. Main Street's transformation — anchored by Falls Park, the Liberty Bridge, and a curated restaurant and retail scene — has become a national case study, attracting development capital, corporate relocations, and tourism that directly support commercial property values throughout the metro. BMW, Michelin, GE Power, Fluor, and a growing roster of technology companies provide an employment base that is both diverse and increasingly high-wage.

The industrial market along I-85, particularly in the Greer and Mauldin corridors, is anchored by BMW's manufacturing campus — one of the largest BMW plants in the world — and the automotive supply chain it has attracted. Tire manufacturing (Michelin, Continental), plastics, and precision machining companies cluster near BMW, creating industrial tenant demand that is tied to global automotive production. Beyond automotive, distribution and logistics tenants serving the I-85 corridor between Atlanta and Charlotte drive additional warehouse demand. Prisma Health and Bon Secours St. Francis anchor medical office demand from their respective hospital campuses.

Greenville's buyer pool has expanded dramatically as the city's national profile has risen. Institutional REITs, private equity firms, and out-of-state investors now compete alongside local operators for quality assets — a dynamic that has compressed cap rates and increased competition for well-positioned properties. Main Street and downtown-adjacent retail commands Charleston-level pricing. For sellers, Greenville's market rewards properties that connect to the city's growth narrative: downtown walkability, BMW supply chain proximity, or healthcare campus adjacency. Properties that can be positioned within these narratives attract the most aggressive offers.

75,000+
Population
2.2% annually
Annual Growth
52000
Median Income
0.03
Unemployment
Major Employers: Prisma Health, BMW, Michelin, GE Gas Power, Fluor Corporation
Economic Drivers: Advanced Manufacturing, Automotive, Healthcare, Professional Services, Tourism
What's Selling

Top Property Types in Greenville

01

Industrial & Manufacturing

BMW's Spartanburg County plant produces over 400,000 vehicles annually and anchors an automotive supply chain that extends throughout the Greenville-Spartanburg corridor. Tire manufacturers, component suppliers, and logistics companies serving BMW need industrial space ranging from small flex buildings to 500,000+ SF distribution centers. The I-85 corridor from Pelham Road through Greer concentrates most of this demand. Beyond automotive, Greenville's central I-85 position between Atlanta and Charlotte attracts regional distribution tenants. Modern warehouse with 30'+ clear heights and heavy power trades at cap rates that have compressed significantly as institutional capital discovered the market.

02

Retail & Downtown Mixed-Use

Downtown Greenville's Main Street and the surrounding blocks have achieved something remarkable: a retail and restaurant environment that generates rents competitive with Charleston's King Street despite Greenville's inland location. Falls Park, the Swamp Rabbit Trail, and the city's national dining reputation create tourist and resident foot traffic that supports premium retail concepts. Augusta Road, Pleasantburg Drive, and the Haywood Road corridor in West Greenville add secondary retail nodes. Properties with outdoor dining, Main Street frontage, or connection to the Swamp Rabbit Trail generate the strongest buyer interest.

03

Office & Professional

Prisma Health (Greenville Memorial Campus) and Bon Secours St. Francis operate the upstate's major hospital systems, employing thousands and generating medical office demand along the Patewood Drive, Cleveland Street, and Pelham Road medical corridors. Greenville's role as the healthcare referral center for the entire upstate SC region means that medical properties here serve a catchment area of over 1 million people. Multi-tenant medical buildings with diversified specialty mixes and long-term leases achieve the tightest cap rates in the upstate market.

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Market Data

Greenville Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial5.5% - 7.5%
Retail5.5% - 7.5%
Office6.0% - 8.5%
Mixed-Use5.5% - 7.5%
NNN Lease4.5% - 6.5%

Cap rates have compressed as growth attracts institutional and out-of-state capital. Downtown commands premium pricing.

Your Advisor

Why Greenville Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Greenville

Downtown mixed-use and retail command premiums. I-85 industrial sees highest transaction volume.
Most sales take 3 to 8 months. The market is competitive with strong investor demand.
Greenville cap rates have compressed meaningfully as the city's national profile has risen. Downtown retail and restaurant properties trade at 5.0% to 7.0%, with Main Street frontage at the tightest end. Industrial along I-85 ranges from 5.5% to 7.5%, with BMW-adjacent automotive supply chain properties among the most competitive. Medical office near Prisma and Bon Secours trades at 5.5% to 7.5%. General office varies from 6.5% to 8.5%. NNN properties with national tenants trade at 4.5% to 6.0%. Overall, Greenville's rates now approach Charleston levels for premium assets.
Yes — Greenville's diverse economy creates combined transaction opportunities across multiple sectors. Downtown restaurant and hospitality businesses, automotive supply chain manufacturers with owned facilities, and medical practices near the hospital campuses frequently sell as combined packages. John Salony structures these deals to capture the Greenville growth premium in both the business and property valuations — particularly important in a market where the city's rising national profile is adding value that historical financials alone may not fully reflect.
Greenville's transformation from a textile city to a nationally recognized destination continues accelerating. BMW continues expanding, downtown's restaurant and cultural scene attracts national media coverage, and the healthcare sector grows with regional demand. Cap rates have compressed as institutional capital has discovered the market, but appreciation potential remains for properties aligned with growth corridors. For sellers, the window of maximum value captures both the current income and the forward-looking growth premium that Greenville's story commands. A confidential consultation can quantify both dimensions for your specific property.
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Licensed SC Real Estate Broker REL.138767 B | Affiliated with G Brokerage Commercial Real Estate Inc.
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