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480 Floyd Rd Spartanburg, SC 29307

11,058 SF medical building; strong tenant base.

Overview

Added:
Jan 21
Days on market:
96
This exceptional 11,058-square-foot medical office building presents a compelling investment opportunity in the flourishing Spartanburg, South Carolina market. Located at 480 Floyd Road, the property boasts a strong tenant roster, including Spartanburg Regional Hospital System’s Medical Group of the Carolinas – Orthopedic Trauma Services and Upstate Psychiatric Associates. These tenants have recently signed new, long-term leases, ensuring stable and predictable income streams. The building benefits from ample on-site parking and excellent visibility from Floyd Road, enhancing its appeal and accessibility. The surrounding area is experiencing significant growth, with developments such as the Spartan Enterprise Industrial Park and the Berkeley subdivision adding to the property's long-term value. Situated less than three miles from downtown Spartanburg, the building enjoys convenient access to a substantial population base of approximately 80,900 people within a five-mile radius, exhibiting an average household income of approximately $66,917. This combination of strong tenancy, strategic location, and surrounding growth makes this a truly exceptional investment opportunity. The property includes reimbursements from tenants and annual rent escalations.

Highlights

  • 11,058 sq ft medical office building in Spartanburg, SC.
  • Strong, long-term tenants including Spartanburg Regional Hospital System.
  • Excellent location with ample parking and high visibility; 80,900+ population within 5 miles.

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

FAQs

What type of property is this?
Office property - 11,058 SF medical building; strong tenant base.
Where is the office property located?
The property is located at 480 Floyd Rd Spartanburg, SC.
What are key features of this property?
This property features: 11,058 sq ft medical office building in Spartanburg, SC.; Strong, long-term tenants including Spartanburg Regional Hospital System.; Excellent location with ample parking and high visibility; 80,900+ population within 5 miles.
How can I contact the broker?
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480 Floyd Rd
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