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Single-Tenant Industrial

Shinsho American Corporation

75 Windham Blvd, Aiken, SC 29805

Listing Price: $3,765,000

Cap Rate
8.00%
Gross SF
77,336
Price/Gross SF
$48.68
Lot Size
10.41 acres
Year Built
1974
Rentable SF
77,336

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant industrial building located in Aiken, South Carolina. The building totals 77,336 square-feet and is fully leased to Shinsho American Corporation, a subsidiary of Kobe Steel. The subject property rests on approximately 5.98 acres of land, with an adjacent lot of 4.43 acres, in the Verenes Industrial Park just off of Interstate-20 in Aiken, SC. Aiken is the county seat of Aiken County in western South Carolina and is part of the greater Augusta, Georgia MSA. It was founded as a railroad town in 1835 and then became a winter retreat location for the wealthy class in the late 19th century. Today it is home to the Savannah River Site (SRS) Department of Energy site built in the 1950s and covering 310 square miles. Additionally, Aiken is home to the University of South Carolina Aiken (3,500+ students) and has a rich equestrian culture with the annual Spring Steeplechase drawing over 30,000 visitors to the area. The population has experienced ±5.86 percent growth from 2010-2021 with ±2.74 percent growth expected to continue through 2026.

Investment Highlights

  • Single-Tenant NNN Industrial | Fully Leased to Shinsho American Corporation |Property Recently Renovated Including New Roof
  • Four (4) Loading Docks and Two (2) Drive Ins 12X12 | Offered Well Below Replacement Cost
  • Tenant is a Subsidiary of Kobe Steel, a Major Japanese Steel Manufacturer That Supplies Steel to Companies Including Toyota, Ford, General Motors, Nissan and Boeing

Exclusively Listed By

Single-Tenant Industrial

Shinsho American Corporation

Listing Price: $3,765,000

Cap Rate
8.00%
Gross SF
77,336
Price/Gross SF
$48.68
Lot Size
10.41 acres
Year Built
1974
Rentable SF
77,336

Investment Highlights

  • Single-Tenant NNN Industrial | Fully Leased to Shinsho American Corporation |Property Recently Renovated Including New Roof
  • Four (4) Loading Docks and Two (2) Drive Ins 12X12 | Offered Well Below Replacement Cost
  • Tenant is a Subsidiary of Kobe Steel, a Major Japanese Steel Manufacturer That Supplies Steel to Companies Including Toyota, Ford, General Motors, Nissan and Boeing

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant industrial building located in Aiken, South Carolina. The building totals 77,336 square-feet and is fully leased to Shinsho American Corporation, a subsidiary of Kobe Steel. The subject property rests on approximately 5.98 acres of land, with an adjacent lot of 4.43 acres, in the Verenes Industrial Park just off of Interstate-20 in Aiken, SC. Aiken is the county seat of Aiken County in western South Carolina and is part of the greater Augusta, Georgia MSA. It was founded as a railroad town in 1835 and then became a winter retreat location for the wealthy class in the late 19th century. Today it is home to the Savannah River Site (SRS) Department of Energy site built in the 1950s and covering 310 square miles. Additionally, Aiken is home to the University of South Carolina Aiken (3,500+ students) and has a rich equestrian culture with the annual Spring Steeplechase drawing over 30,000 visitors to the area. The population has experienced ±5.86 percent growth from 2010-2021 with ±2.74 percent growth expected to continue through 2026.

Exclusively Listed By

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