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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
0.83
Lot Size
3.29 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 South Carolina Department of Social Services originated in 1937 through legislative action establishing the agency. The department serves South Carolina residents through multiple divisions. Core services include child welfare programs that handle foster care and family preservation efforts, economic assistance like food benefits and employment support, and adult protective services for vulnerable populations. The agency operates statewide with county offices and regional centers handling specialized services such as adoptions and child support enforcement. Public service campaigns continue to raise awareness about available resources for families and individuals in need.

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

The South Carolina Department of Social Services originated in 1937 through legislative action establishing the agency. The department serves South Carolina residents through multiple divisions. Core services include child welfare programs that handle foster care and family preservation efforts, economic assistance like food benefits and employment support, and adult protective services for vulnerable populations. The agency operates statewide with county offices and regional centers handling specialized services such as adoptions and child support enforcement. Public service campaigns continue to raise awareness about available resources for families and individuals in need.

  • 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 - - - -
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
40/100

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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