For Sale
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480 Floyd RdSpartanburg, SC 29307

11,058 SF fantastic medical investment opportunity

Overview

Added:
Jan 21
Days on market:
74
Reedy Commercial is proud to present this fantastic medical investment opportunity located in the thriving market of Spartanburg, South Carolina.

480 Floyd Road is a well-maintained multi-tenant medical building occupied by Spartanburg Regional Hospital System’s Medical Group of the Carolinas – Orthopedic Trauma Services, along with Upstate Psychiatric Associates. Spartanburg Regional Hospital System has been a long-term tenant in the building and recently signed into a new long-term lease.

The immediate surrounding area has seen significant investment, including the 300-acre Spartan Enterprise Industrial Park and the 456 home Berkeley subdivision development. With new leases secured by strong tenants, proximity to Downtown Spartanburg (under 3 miles), significant nearby growth and investment, and access to a population of over 80,900 within a 5-mile radius, this building offers an excellent long term investment opportunity.

Location Description
Ample on-site parking.
Signage and excellent visibility from Floyd Road.
±80,900 population with AHI of ±$66,917 within 5 mile radius.

Highlights

  • Occupied by Spartanburg Regional Hospital System’s Medical Group of the Carolinas – Orthopedic Trauma Services, along with Upstate Psychiatric Associates. New long-term leases in place. Reimbursements from tenants and annual rent escalations. Ample on-site parking. Signage and excellent visibility from Floyd Road. ±80,900 population with AHI of ±$66,917 within 5 mile radius.

Property Details for 480 Floyd Rd

Property type
Office properties, Medical offices
Square Feet
11,058 SF
Class
A
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
11,058 SF

Location Insight

City
Spartanburg
County
State
South Carolina

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480 Floyd Rd
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