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22867509
22867510

145 N Church St, Spartanburg, SC 29306

MP
SC 130345
Colliers - Columbia, South Carolina
Colliers - Spartanburg, South Carolina
Listed by Colliers - Columbia, South Carolina, Colliers - Spartanburg, South Carolina
$7,500,000
449 days on market
Updated 22 days ago

145 N Church Street - Spartanburg Business Technology Center

Details
Property Type Office
Sub Type Traditional Office
Square Footage 110,661
Occupancy 78%
Tenancy Multi
Lease Type Gross
Buildings 2
Stories 5
Acreage 1.880
Investment Type Value Add

Value-Add Opportunity in the Heart of Downtown Spartanburg | ±110,661 SF Office Building for Sale

Marketing description

Reduced Sale Price

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 78% leased with a weighted average lease term of 1.69 years as of 3/31/2026. 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.

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.

Location

Downtown Spartanburg is undergoing a remarkable transformation, driven by over $800 million in public and private investment. Key developments such as Fifth Third Park, Project Core, the new County/City Government Center and the redevelopment of Morgan Square have turned downtown into a vibrant destination for residents, businesses and visitors alike. With a growing residential population, strong demand for office space, an array of dining and entertainment options, improved trail connectivity and a pipeline of innovative mixed-use projects, Downtown Spartanburg is establishing itself as one of the Southeast’s most exciting emerging urban centers.

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)
  • 78% leased | WALT 1.69 years as of 3/31/2026
  • 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

Listing Contacts

MP
SC 130345
Colliers - Columbia, South Carolina
Colliers - Spartanburg, South Carolina
Listed by Colliers - Columbia, South Carolina, Colliers - Spartanburg, South Carolina

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Additional Information

Name
Matthew Pollard
License
130345
Brokerage
Colliers
Title
Senior Brokerage Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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