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ONE MARCUS DRIVE


1 Marcus Drive, Greenville, South Carolina

4-Building Flex Park | 103,647 SF


We are pleased to announce that the One Marcus Drive offering is now fully subscribed. To be included on our distribution list and receive updates on future offerings, please fill out the Sign Up for Alerts form below.

Denholtz is pleased to present One Marcus Drive, a four-building, 103,647-square-foot multi-tenant flex park located in the highly desirable Pelham Road corridor of Greenville, SC. Currently 86% occupied with no near-term rollover risk, the Property generates a stable income stream supported by creditworthy tenants and a weighted average lease term (WALT) of 3.93 years.

This acquisition represents a compelling value-add opportunity through targeted capital improvements, lease-up of 14,085 square feet of vacancy, and mark-to-market potential on existing below-market leases. The Property is fully cash-flowing from day one, with durable in-place income backed by tenants including Bon Secours, Ogletree Deakins, Cintas, and M&P Lab—anchoring the rent roll through 2026 and beyond.

Located in one of the Southeast’s fastest-growing, supply-constrained flex submarkets, where industrial vacancy remains below 2%, One Marcus Drive is well-positioned for both income stability and NOI growth. With replacement costs exceeding $200 per square foot and nearby comparables trading between $180 and $210 per square foot, investors can participate at a highly favorable basis of $145 per square foot, well below new construction pricing.

This opportunity is projected to deliver a net investor internal rate of return (IRR) of 15.58% and a 1.88x equity multiple over a five-year hold. Investors will benefit from immediate distributions, with the investment supporting the full 8% preferred return starting immediately post-close.

Asset 39@4x 732.956.3114

Investment Summary

Asset Type: Flex

Targeted Investor IRR: 15.58%

Targeted EQUITY MULTIPLE: 1.88x

Targeted Investment Period: 5 years

Preferred Return: 8%

Funds Due: September 2nd

Closing: September 4th

MINIMUM INVESTMENT:                            $25,000

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Investment Highlights

Strong Submarket Fundamentals
Flex/industrial vacancy along Pelham Road corridor is below 2%, with no new small bay product currently under construction.
Core Market Growth
Greenville industrial rents have increased by approximately 30% over the past five years, driven by strong demand for flex space and a limited pipeline of new supply.
Rental Upside
Current in-place rents average $13.91/SF, materially below market. A mark-to-market strategy at renewal will drive NOI
growth.
These materials are provided solely for informational purposes and do not constitute an offer to sell, or a solicitation of an offer to buy, any securities. Any such offer or solicitation will be made only through a confidential Private Placement Memorandum (“PPM”) and related subscription documents, which should be reviewed carefully prior to any investment decision. This material does not purport to be complete and is qualified in its entirety by reference to the PPM and/or any other governing documents.
Any investment opportunity described in these materials is being offered only to persons who are “accredited investors” as defined under Rule 501 of Regulation D of the Securities Act of 1933, as amended. By accepting this material, the recipient represents that they are an accredited investor and agrees to keep all information contained herein confidential.

The information contained herein is preliminary, is not complete, and is subject to change. This material does not purport to contain all of the information that a prospective investor may require.

Investments in real estate involve substantial risks, including but not limited to market risk, property-specific risk, illiquidity, environmental risk, and the potential loss of invested capital.