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145 N Church St
Spartanburg, SC 29306
Spartanburg BTC · Office Property For Sale
INVESTMENT HIGHLIGHTS
- ±110,661 SF total (±60,017 SF five-story office building and ±50,644 SF annex building)
- Mark-to-Market Opportunity: in-place rents below market, potential immediate rent growth
- Strategic Location: ±1 mile to I-585, ±4 miles to I-26, ±6.2 miles to I-85
- 74% leased | WALT 1.71 years as of 12/31/2024
- Downtown Spartanburg: situated in the center of Downtown Spartanburg
EXECUTIVE SUMMARY
The Spartanburg Business Technology Center is located at 145 N Church Street in Spartanburg, South Carolina. This five-story office building and annex spans approximately 110,661 SF and is situated on a ±1.88-acre lot. The building is 74% leased with a weighted average lease term of 1.71 years as of December 31, 2024. It is strategically positioned in downtown Spartanburg, close to Interstates 26, 85 and 585, making it an ideal location for businesses that require easy commuting access. Additionally, the downtown area offers a walkable environment, public transit options and an increasing number of co-working spaces, which fosters a strong sense of community and innovation.
This is an excellent investment opportunity to acquire a well-positioned office building at well below replacement cost with an attractive going-in yield and value-add upside.
For more information
Download the flyer and click View Confidentiality Agreement in the flyer. Additional documents will be provided upon execution of CA.
This is an excellent investment opportunity to acquire a well-positioned office building at well below replacement cost with an attractive going-in yield and value-add upside.
For more information
Download the flyer and click View Confidentiality Agreement in the flyer. Additional documents will be provided upon execution of CA.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
116,161 SF
Building Class
B
Year Built
1985
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
23,232 SF
Slab To Slab
11’
Building FAR
1.42
Lot Size
1.88 AC
AMENITIES
- 24 Hour Access
- Bus Line
- Property Manager on Site
- Security System
- Signage
PROPERTY TAXES
| Parcel Number | 7-12-18-009.00 | Improvements Assessment | $240,313 CAD |
| Land Assessment | $37,168 CAD | Total Assessment | $277,481 CAD |
PROPERTY TAXES
Parcel Number
7-12-18-009.00
Land Assessment
$37,168 CAD
Improvements Assessment
$240,313 CAD
Total Assessment
$277,481 CAD
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