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Florence Business Technology Center 181-A E Evans St 119,567 SF 100% Leased Office Building Florence, SC 29506 $12,000,000 ($100.36/SF)

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INVESTMENT HIGHLIGHTS

  • ±119,567 total (four-story office building and ±53,812 SF annex building) on large ±8.48-acre lot
  • Mark-to-Market Opportunity: in-place rents below market, potential immediate rent growth
  • Strategic Location: ±4.7 miles to I-95 and I-20 intersection
  • 82% leased | WALT 1.23 years as of 12/31/2024
  • Well-located in high growth area: steady population and economic growth

EXECUTIVE SUMMARY

The Florence Business Technology Center is located at 181 E Evans Street in Florence, South Carolina. This four-story office building and annex spans approximately 119,567 square feet and is situated on a spacious 8.48-acre lot. The building is 82% leased with a weighted average lease term of 1.23 years as of December 31, 2024. It is conveniently positioned in downtown Florence and convenient to I-95 and I-20.
This property offers a strong investment opportunity as an office building available below replacement cost, with an attractive initial yield and value-add potential.
Florence’s economy is driven by healthcare, technology and education. Ongoing investments, infrastructure improvements and downtown revitalization promote job growth, making the city increasingly attractive to businesses and residents.
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

Sale Type
Investment
Property Type
Office
Building Size
119,567 SF
Building Class
B
Year Built
1986
Price
$12,000,000
Price Per SF
$100.36
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
74,000 SF
Building FAR
0.32
Lot Size
8.48 AC
Opportunity Zone
Yes
Zoning
B4
Parking
530 Spaces (4.43 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Aiken Bridges Attorneys At Law
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Carolina Surgical Solutions
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Day Care Licensing
  • Public Administration
  • -
  • -
  • -
  • -
  • Excellent Home Care LLC
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Growing Home Southeast, Inc. was incorporated in 2004. Since that time thousands of children, youth and families have received quality services. The agency has consistently grown since making the first treatment foster care placement. Today the agency provides a variety of quality services that address the changing needs of children, youth and families in South Carolina and southern Alabama.

  • Pathology Service Assoc
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -
  • Qantum Communications
  • Information
  • -
  • -
  • -
  • -
  • Public Administration
  • -
  • -
  • -
  • -

The Department of Social Services (DSS) is a cabinet agency with the State Director appointed by the Governor of South Carolina with the advice and consent of the Senate. The Department has offices in each county and regional offices for Adoptions and Child Support Services. Their mission is to serve South Carolina by promoting the safety, permanency, and well-being of children and vulnerable adults, helping individuals achieve stability and strengthening families. DSS provides protective services for children and vulnerable adults, adoption, and foster care services. They administer federal Title IV-B Child Welfare Services and Title IV-E Foster Care and Adoption Assistance programs. Additionally, the Department is the administrator of the Interstate Compact on the Placement of Children. The Department also establishes standards for and licenses child care providers and residential group homes for children.

  • Public Administration
  • -
  • $9.50
  • Full Service
  • Jun 2014

The Department of Social Services (DSS) is a cabinet agency with the State Director appointed by the Governor of South Carolina with the advice and consent of the Senate. The Department has offices in each county and regional offices for Adoptions and Child Support Services. Their mission is to serve South Carolina by promoting the safety, permanency, and well-being of children and vulnerable adults, helping individuals achieve stability and strengthening families. DSS provides protective services for children and vulnerable adults, adoption, and foster care services. They administer federal Title IV-B Child Welfare Services and Title IV-E Foster Care and Adoption Assistance programs. Additionally, the Department is the administrator of the Interstate Compact on the Placement of Children. The Department also establishes standards for and licenses child care providers and residential group homes for children.

  • Wztf
  • Information
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Aiken Bridges Attorneys At Law Professional, Scientific, and Technical Services - - - -
Carolina Surgical Solutions Health Care and Social Assistance - - - -
Day Care Licensing Public Administration - - - -
Excellent Home Care LLC Health Care and Social Assistance - - - -
Health Care and Social Assistance - - - -
Pathology Service Assoc Health Care and Social Assistance - - - -
Qantum Communications Information - - - -
Public Administration - - - -
Public Administration - $9.50 Full Service Jun 2014
Wztf Information - - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
90169-01-042
Land Assessment
$11,270
Improvements Assessment
$144,664
Total Assessment
$155,934
  • Listing ID: 35415837

  • Date on Market: 4/8/2025

  • Last Updated:

  • Address: 181-A E Evans St, Florence, SC 29506

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