145 N Church Street - Spartanburg Business Technology Center
Value-Add Opportunity in the Heart of Downtown Spartanburg | ±110,661 SF Office Building for Sale
Marketing description
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.
Investment highlights
±110,661 SF total (±60,017 SF five-story office building and ±50,644 SF annex building)
74% leased | WALT 1.71 years as of 12/31/2024
Mark-to-Market Opportunity: in-place rents below market, potential immediate rent growth
Downtown Spartanburg: situated in the center of Downtown Spartanburg
Strategic Location: ±1 mile to I-585, ±4 miles to I-26, ±6.2 miles to I-85
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