Spartanburg Industrial

Spartanburg

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,000
As of: December 5, 2016

Spartanburg Rates

On average, listings lease in the $20's per square foot per year. The Spartanburg submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 45% rise in rent.

Spartanburg Listing Supply

In the last 90 days, 26 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the office spaces in the Spartanburg are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1976 and are Class A.

Spartanburg Community

Market Report

Trends and status of the commercial real estate market in Spartanburg.
Market Report

Market Data

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