181 E Evans Street - Florence Business Technology Center
Value-Add Opportunity in the Heart of Downtown Florence | ±119,567 SF Office Building for Sale
Marketing description
The Florence Business Technology Center is located at 181 E Evans Street in Florence, South Carolina. This four-story office building and annex spans approximately 119,567 square feet and is situated on a spacious 8.48-acre lot. The building is 82% leased with a weighted average lease term of 1.23 years as of December 31, 2024. It is conveniently positioned in downtown Florence and convenient to I-95 and I-20.
This property offers a strong investment opportunity as an office building available below replacement cost, with an attractive initial yield and value-add potential.
Florence’s economy is driven by healthcare, technology and education. Ongoing investments, infrastructure improvements and downtown revitalization promote job growth, making the city increasingly attractive to businesses and residents.
For more information
Download the flyer and click View Confidentiality Agreement in the flyer. Additional documents will be provided upon execution of CA.
Investment highlights
±119,567 total (four-story office building and ±53,812 SF annex building) on large ±8.48-acre lot
82% leased | WALT 1.23 years as of 12/31/2024
Mark-to-Market Opportunity: in-place rents below market, potential immediate rent growth
Well-located in high growth area: steady population and economic growth
Strategic Location: ±4.7 miles to I-95 and I-20 intersection
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