Spartanburg Industrial

Spartanburg

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,140

Spartanburg Rates

Most listings are in the $10's per square foot per year. The Spartanburg region is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 24% decline in rent.

Spartanburg Listing Supply

In the last 90 days, 440 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the office spaces in the Spartanburg are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,140 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1972 and are Class A.

Spartanburg Community

Market Data

Real time and historical data on commercial real estate listings in Spartanburg.
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