Martin’s Run Development
4.3 acres remaining available
Martin’s Run, a 10-acre development located on Harrison Bridge Road, is a mixed use development. Appropriately named in remembrance of long-time Greenville County Sheriff Bob Martin, the development occupies the old Martin Family farm property. The development was strategically designed with the storm pond located on the rear portion of the site to accommodate storm drainage for the entire development. As with most developments, this site has had its challenges. The site is located within the city of Simpsonville’s jurisdiction; so, approval at every stage of the development required dual approval with Greenville County.
The first outparcel was sold to Simpsonville Express Car Wash. This 1.3-acre site was designed around an existing transmission power line, where by the vacuums and parking were position underneath the powerlines maximizing the useable land. The car wash opened in June of 2018. Now under construction and taking advantage of the growing number of nearby homes: Clemson Eye, Foundation Early Center (daycare), and Smiling Places (pediatric dental office) — All expected to open for business prior to 2020.
From the initial site design phase through construction of the first user, an approximate two-year span, Bobby Miller and KDS Commercial Properties provided constant project oversight, team leadership and site development oversight for the land owners. “It’s so enjoyable at this stage of development,” says Bobby, “as working through and toward a successful retail development strategy for the client made it all worth while.”
George Wike, land owner of Martin’s Run, says “Bobby’s oversight, knowledge, and expertise have been invaluable in this process.”
Harrison Bridge Development
Not long after the great recession (mid 2012), on a once-foreclosed retail development site, a local bank received a referral that Bobby Miller of KDS Commercial Properties would be a good fit to facilitate a new perspective into a partially-developed site. The 9.5-acre site required new civil design ideas to incorporate site grading that had been approved and completed on the ground; mainly ingress and egress and a storm pond that stretched across the front of the site. Planet Fitness was the first user to the site, and the new design utilized the existing development features without compromising lost acreage. Once the rear was developed with Planet Fitness, an indoor climate-controlled user, Bee Safe, and Parkside Pediatrics secured the remaining parcels.
“KDS and Bobby Miller helped us navigate the development and engineering aspects during the due diligence process to successfully consummate the outparcel sales — and we couldn’t be more pleased,” said Rodger Anthony, CEO, Cornerstone National Bank.
As the data shows, this retail submarket is quite healthy. Rents are trending upward and the majority of new construction is “build-to-suit” for users. Equally so, office/service providers have self built their new locations during the past several years.
“We are bullish on this submarket, especially as the number of new homes continues to make this area one of the fastest growing in Greenville County,” says Bobby Miller, CCIM.
|Current Market Vacancy||3%||1%|
|Average Market Rents/SF||$15.55||$17.15|