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HIGHLIGHTS
- Walking distance from over 30 different dining locations
- Exposed brick walls
- Lots of natural light through skylights and windows
- Ample parking with municipal lot on the same block
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,730-2,558 SF | 3 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 5 - 21 People
- Can be combined with additional space(s) for up to 6,780 SF of adjacent space
- Central Air Conditioning
- High Ceilings
- Natural Light
- Shower Facilities
- Accent Lighting
- Hardwood Floors
- Smoke Detector
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,730-2,558 SF | 3 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 4,222 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 5 - 21 People
- Can be combined with additional space(s) for up to 6,780 SF of adjacent space
- Central Air Conditioning
- High Ceilings
- Natural Light
- Shower Facilities
- Accent Lighting
- Hardwood Floors
- Smoke Detector
2nd Floor
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 11 - 34 People
- Can be combined with additional space(s) for up to 6,780 SF of adjacent space
- Central Air Conditioning
- High Ceilings
- Natural Light
- Shower Facilities
- Accent Lighting
- Hardwood Floors
- Smoke Detector
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 6,780 SF | Gross Leasable Area | 9,262 SF |
| Min. Divisible | 1,730 SF | Year Built | 1930 |
| Property Type | Retail | Parking Ratio | 0.28/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,780 SF |
| Min. Divisible | 1,730 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,262 SF |
| Year Built | 1930 |
| Parking Ratio | 0.28/1,000 SF |
ABOUT THE PROPERTY
Located directly in Spartanburg’s central business district, 154 Magnolia is nearly 6,800 square feet of dynamic office and or retail space. This prime downtown location, immediately next to the new Spartanburg County Courthouse, allows tenants to enjoy the walkability of Morgan Square and the many restaurants, retailers, and businesses that surround the area.
- 24 Hour Access
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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154 Magnolia St
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