480 Floyd Rd Spartanburg, SC 29307

This exceptional 11,058-square-foot medical office building presents a compelling investment opportunity in the flourishing Spartanburg, South Carolina market. Located at 480 Floyd Road, the property boasts a strong tenant roster, including Spartanburg Regional Hospital System’s Medical Group of the Carolinas – Orthopedic Trauma Services and Upstate Psychiatric Associates. These tenants have recently signed new, long-term leases, ensuring stable and predictable income streams. The building benefits from ample on-site parking and excellent visibility from Floyd Road, enhancing its appeal and accessibility. The surrounding area is experiencing significant growth, with developments such as the Spartan Enterprise Industrial Park and the Berkeley subdivision adding to the property's long-term value. Situated less than three miles from downtown Spartanburg, the building enjoys convenient access to a substantial population base of approximately 80,900 people within a five-mile radius, exhibiting an average household income of approximately $66,917. This combination of strong tenancy, strategic location, and surrounding growth makes this a truly exceptional investment opportunity. The property includes reimbursements from tenants and annual rent escalations.