Single-Tenant Office
For Sale
Contact for pricing
1940 Drayton Road, Spartanburg, SC 29333
Office building on 0.94 acres in Spartanburg County with a five-year lease to the U.S. Post Office.
Property Size3,090 SF
Lot Size0.94 Acres
Days on Market122
Property Features for 1940 Drayton Road
General Information
Standard status
Active
Size
3,090 SF
Lot size
0.94 Acres
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Spencer/Hines Properties Spartanburg
(864) 706-0189
Listed By:
Andy Hayes · License #SC 13179
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 4:54PM
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 Spencer/Hines Properties Spartanburg
Investment Insights
Based on property information with market context.
This for-sale single-tenant office building totals 3,090± square feet and sits on 0.94 acres in Drayton, SC within Spartanburg County. The property is leased to the U.S. Post Office under a new five-year lease, including renewal options.
Lease terms include that the tenant is responsible for taxes and utilities, while the landlord is responsible for insurance and maintenance. Rental income figures provided for prior periods are also tied to the Post Office tenancy.
The property is identified as Spartanburg County Tax Map # 7-08-16-005.02. Renewal options are structured as three additional terms following the initial five-year lease period.
Lease terms include that the tenant is responsible for taxes and utilities, while the landlord is responsible for insurance and maintenance. Rental income figures provided for prior periods are also tied to the Post Office tenancy.
The property is identified as Spartanburg County Tax Map # 7-08-16-005.02. Renewal options are structured as three additional terms following the initial five-year lease period.
Key Highlights
- 3090± SF office building in Drayton, SC (Spartanburg County) on 0.94 acres (Spartanburg County Tax Map # 7‑08‑16‑005.02).
- 5‑year lease to the U.S. Post Office with renewal options: 11/24/2021–11/23/2026 at $35,074/year.
- Additional renewal options: 11/24/2026–11/23/2031 at $36,127/year, and 11/24/2031–11/23/2036 at $36,127/year.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
173
Businesses Nearby
Explore this area
Business Placement
Demographics for 29333, SC
517
Population
155
Households
3.3
Avg Household Size
37
Median Age
38%
College-Educated
100%
High-School Grad
0.4 sq mi
ZIP Area
1,293
Density / Sq Mi
$56,404
Median Household Income
$51,625
Median Earnings
$1,419
Median Rent
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office building on 0.94 acres in Spartanburg County with a five-year lease to the U.S. Post Office.
Where is this office building located?
The property is located at 1940 Drayton Road Spartanburg, SC.
What are key features of this property?
This property features: 3090± SF office building in Drayton, SC (Spartanburg County) on 0.94 acres (Spartanburg County Tax Map # 7‑08‑16‑005.02).; 5‑year lease to the U.S. Post Office with renewal options: 11/24/2021–11/23/2026 at $35,074/year.; Additional renewal options: 11/24/2026–11/23/2031 at $36,127/year, and 11/24/2031–11/23/2036 at $36,127/year.
