Industrial Value Add Sweat Equity Lease - Then Rent Inception 146,270 SF (AS IS) Tenant Fix Up - Initial Free Rent

729 White Oak Dr, Johnsonville, SC 29555

Property Information

  • For Lease Contact for pricing
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 146,270 SF
  • Units 1
  • Lot Size 7.65 Acre
  • Year Built 1972
  • Date Updated Sep 21, 2026
  • Office Area 4,000 SF
  • Electricity Service Progress Energy Carolinas
  • Fire Sprinklers Other
  • HVAC None

Description

146,270 sq ft Industrial Warehouse, 729 White Oak Dr, Johnsonville, SC 29555, Florence County. Rail within 1/4 mile of site. Lease with just sweat equity cleanup, utility connections or reconnections, any and all aspects for approximately five to six months, then reasonable rent ensues. (AS IS, WHERE IS) ALL ASPECTS OF THE TENANT'S AGREEMENT ARE SOLELY THE TENANT'S DUE DILIGENCE. | NOW THOUGHTS - Pallet Manufacturing - Auto Parts Storage - Industrial Onsite Storage - Literally Anything You Want To Do Within Reason - Partition Into Individual Storage - Blank Slate To Put Your Imprint On - Reach Out Unique Terms Here. **Owner may consider a sale - Propose Terms** SIX (6) MONTHS FREE RENT w/ SWEAT EQUITY COMMITMENTExecutive Summary This offering presents a 146,270 SF vacant industrial warehouse complex at 729 White Oak Dr in Johnsonville, South Carolina, situated on a 333,209 SF site in Florence County. The primary value driver is a lease structure that exchanges approximately five to six months of tenant-funded cleanup, utility reconnection, and site work for initial free rent before negotiated rent commencement, establishing a low-entry-cost path to control a large industrial asset. From a physical standpoint, the property offers Class B industrial space with clear heights ranging from approximately 13'4" to 27', 100% wet sprinkler coverage, two drive-in doors, three loading docks, and rail access within roughly one-quarter mile of the site. The building is currently vacant, allowing immediate full-building occupancy, phased operational planning, or partitioning for storage and light industrial uses without displacement risk. The opportunity is best suited to users or investors capable of executing near-term site rehabilitation in exchange for below-market occupancy friction at inception. With 146,270 SF of scale, a 7.65-acre footprint, and negotiated rent following the free-rent work period, the investment thesis centers on converting deferred maintenance and lease-up complexity into operational control and long-term industrial utility. SIX (6) MONTHS FREE RENT 146,270 sq ft Industrial Warehouse, 729 White Oak Dr, Johnsonville, SC 29555, Florence County. Rail within 1/4 mile of site. Lease with just sweat equity cleanup, utility connections or reconnections, any and all aspects, for approximately five to six months then reasonable rent ensues. Initial Negotiated Deposit to Cover Lease Security and Soft Costs. Area (AS IS, WHERE IS) ALL ASPECTS OF TENANT'S AGREEMENT ARE SOLEY TENANT'S DUE DILIGENCE. Rent shall be negotiated reasonably. Likely three (3) year initial term. Broker shall have allocated oversight as to sweat equity cleanup progression. Should Tenant default in reasonable cleanup, utility connections or reconnections, any and all aspects, rent shall accelerate for the full term of the lease. Tenant realizes site cleanup, utility connections or reconnections, any and all aspects, including exterior landscaping is part of the rent structure. NOW - Pallet Manufacturing - Auto Parts Storage - Industrial Onsite Storage - Literally Anything You Want To Do Within Reason - Partition Into Individual Storage - Blank Slate To Put Your Imprint On - Reach Out Unique Terms Here. Might consider a sale.

Highlights

  • 146,270 SF of immediately available industrial space with no rollover risk.
  • Free initial rent converts deferred work into occupancy value.
  • Investment Highlights
  • The property is fully vacant, providing a tenant or owner-user with control of the entire building at lease commencement. This eliminates phased possession issues and allows the site to be repositioned around one operating plan rather than around existing tenancy.

1 Space Available

729 White Oak Drive

Space Type

Warehouse/Distribution

Lease Rate

Contact for pricing

Total Space

146,270 SF

Divisible Space

146,270 - 146,270 SF

Available Date

Immediate

Lease Type

Full Service

Renewal Option

Yes

Sublease

No

146,270 sq ft Industrial Warehouse, 729 White Oak Dr, Johnsonville, SC 29555, Florence County. Rail within 1/4 mile of site. Lease with just sweat equity cleanup for approximately five to six months then reasonable rent ensues. Initial Negotiated Deposit to cover Lease Security and Soft Costs. (AS IS, WHERE IS) Rent shall be negotiated reasonably. Likely three (3) year initial term. Broker shall have allocated oversight as to sweat equity cleanup progression. Should Tenant default in reasonable cleanup rent shall accelerate for the full negotiated term of the lease. Tenant realizes site cleanup including exterior landscaping is part of the rent structure. ALL ASPECTS OF TENANT'S AGREEMENT ARE SOLEY TENANT'S DUE DILIGENCE. NOW - Pallet Manufacturing - Auto Parts Storage - Industrial Onsite Storage - Literally Anything You Want To Do Within Reason - Partition Into Individual Storage - Blank Slate To Put Your Imprint On - Reach Out Unique Terms Here.

Contacts

Location

Contact Listing Broker
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