Spartanburg Office Space

Spartanburg

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,990
As of: July 27, 2017

Spartanburg Rates

The typical asking rate per listing is in the $20's per square foot per year. The Spartanburg region is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 28% rise in rent.

Spartanburg Listing Supply

In the last 90 days, 33 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 115% of the available space in the Spartanburg are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,990 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1972 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