1330 Boiling Springs Rd, Spartanburg, SC
5,072 SF office building available in Spartanburg, SC.
- Added:
- Jun 12, 2024
- Days on Market:
- 734
- Last Refresh:
- May 20 at 9:06 pm
Property Features for 1330 Boiling Springs Rd
General Information
- Standard status
- Active
- Size
- 5,072 SF
- Lot size
- 81.99 Acres
- Property subtype
- OFFICE
Listing agent Keith Jones, CCIM, SIOR (864) 275-8699
Listing office NAI Earle Furman - Corporate (864) 275-8699
Listing date Jun 12, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Earle Furman - Corporate
HighLights
- 5,072 SF office building available.
- Located in Spartanburg, SC.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.3k | $24.12 |
| − Vacancy | −$17.8k | −$3.51 |
| EGI | $104.5k | $20.61 |
| − OpEx | −$26.1k | −$5.15 |
| NOI | $78.4k | $15.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spartanburg
- County
- Spartanburg
- State
- South Carolina
- Longitude
- -81.947
- Latitude
- 34.9977
