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480 Floyd Rd Spartanburg, SC 29307

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11,058 SF medical building; strong tenant base.

Property size:
11,058 SF

Description

Added:
Jan 21, 2025
Days on Market:
351
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.

Property Features for 480 Floyd Rd

General Information

Property type
Other office properties
Square Feet
11,058 SF
Class
A
Elevators
N/A
Lot Size
11,058 SF

Building Details

Buildings
1
Stories
1

HighLights

  • 11,058 sq ft medical office building in Spartanburg, SC.
  • Strong, long‑term tenants including Spartanburg Regional Hospital System.
  • Excellent location with ample parking and high visibility; 80,900+ population within 5 miles.
Location Intelligence

Current Use by Public Records

Grady Orthopaedics Orthopedic Surgeon Walter Grady DO Orthopedic Surgeon John Scott Broderick ... Orthopedic Surgeon Medical Group of the Carolinas ... Orthopedic Surgeon Medical Group of the Carolinas ... Orthopedic Surgeon

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Accounting Firm Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Spartanburg
State
South Carolina
Longitude
-82.461042
Latitude
34.918461

FAQs

What type of property is this?
Office property - 11,058 SF medical building; strong tenant base.
Where is this office property located?
The property is located at 480 Floyd Rd Spartanburg, SC.
What are key features of this property?
This property features: 11,058 sq ft medical office building in Spartanburg, SC.; Strong, long-term tenants including Spartanburg Regional Hospital System.; Excellent location with ample parking and high visibility; 80,900+ population within 5 miles.
More about this property
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