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Spartanburg BTC 145 N Church St 116,161 SF 100% Leased Office Building Spartanburg, SC 29306 For Sale



Investment Highlights
- ±110,661 SF total (±60,017 SF five-story office building and ±50,644 SF annex building)
- Mark-to-Market Opportunity: in-place rents below market, potential immediate rent growth
- Strategic Location: ±1 mile to I-585, ±4 miles to I-26, ±6.2 miles to I-85
- 74% leased | WALT 1.71 years as of 12/31/2024
- Downtown Spartanburg: situated in the center of Downtown Spartanburg
Executive Summary
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.
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Property Manager on Site
- Security System
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
A nonprofit organization, the Adult Learning Center in Spartanburg, SC is governed by a 11-member board of community leaders. The ALC board is responsible for the success of the organization. They set the overall goals of the organization, plan for current and prospective programs, and oversee the organization’s fiscal strength. Moreover, it is the board’s responsibility to hire, evaluate, and support the director of the ALC. Their director is the one who manages the day-to-day operation of their organization.
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- County of Spartanburg
- Public Administration
- -
- -
- -
- Sep 2020
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The Social Security Administration (SSA) is an independent U.S. federal agency headquartered in the Woodlawn area of Baltimore, Maryland. Created in 1935 as part of the New Deal, it administers the nation’s primary social insurance programs, including retirement, survivors, and disability benefits under the Social Security Act, as well as Supplemental Security Income for qualifying aged, blind, and disabled individuals. From its central office complex, SSA oversees national policy, program administration, budget management, and regulatory compliance while coordinating with a nationwide network of field offices, teleservice centers, and processing centers. The headquarters does not typically process individual claims, as local offices handle most public services. SSA operates one of the largest federal programs supporting financial security for millions of Americans.
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Advancing the Future of Business and Community.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Educational Services | - | - | - | - | |
| Atlas Driving School | Educational Services | - | - | - | - | |
| Black Economic Mobility Coalition | Services | - | - | - | - | |
| County of Spartanburg | Public Administration | - | - | - | Sep 2020 | |
|
Professional, Scientific, and Technical Services | - | - | - | - | |
|
Information | - | - | - | - | |
|
Administrative and Support Services | - | - | - | Dec 2025 | |
|
Public Administration | - | - | - | - | |
|
Public Administration | - | $23.65 | Full Service | May 2023 | |
|
Administrative and Support Services | - | - | - | - |
Property Taxes
| Parcel Number | 7-12-18-009.00 | Improvements Assessment | $171,175 |
| Land Assessment | $26,475 | Total Assessment | $197,650 |
Property Taxes
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Spartanburg BTC | 145 N Church St
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