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    1650 Skylyn Dr Spartanburg, SC 29307

    Sponsored
    For Lease
    $20 SF/Yr

    Class A Medical Office Suites in Spartanburg, SC

    Lot size:
    108,878 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A medical office building, the Hugh R. Black Pavilion, offers 108,878 square feet of prime space in Spartanburg, South Carolina. Located at 1650 Skylyn Dr, 29307, this multi-tenant property boasts a coveted location within the heart of the Spartanburg Regional Hospital System's Mary Black campus. The building features two high-speed elevators capable of accommodating hospital beds, and a stunning lobby with marble floors. On-site amenities include 300 parking spaces and a first-floor fitness center complete with a pool and smoothie bar. Suites range from 3,441 to 7,039 contiguous square feet, with 11,954 square feet currently vacant. The property is zoned CO and sits on an immaculately landscaped campus with water features and convenient access to the Drayton Mills Trail. Its strategic location offers proximity to the new Drayton Mills mixed-use development, Spartanburg Day School, and Houston Elementary School. This is a unique opportunity to secure medical office space in a thriving, established healthcare hub within Spartanburg County. The building's impressive features and prime location make it an ideal setting for medical practices seeking a prestigious and convenient address.

    Property Features for 1650 Skylyn Dr

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    108,878 SF
    Class
    A
    Total Rate
    181463.33

    Unit(s) available at that property

    Space
    Suite 360
    Size
    7,039 SF
    Rate per SF
    $20
    Space
    Suite 370
    Size
    7,039 SF
    Rate per SF
    $20

    HighLights

    • Class A medical office space, a unique offering in the Spartanburg market.
    • 3% commission offered to cooperating brokers.
    • Tenant improvement allowance available for qualified tenants.
    • Lower than average net, net, net (NNN) expenses compared to similar properties.
    • Institutionally owned building.
    • Flexible floor plans to accommodate various needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mambretti-Denn Joanne Physical Therapist Allure Medical Medical Spa Lolanda McBride, ARNP Dermatologist Dr. James A. Essman, ... Hand Surgeon Trinity Health & Fitness Fitness Center

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Spartanburg
    County
    Spartanburg
    State
    South Carolina
    Longitude
    -81.89785972
    Latitude
    34.97757631

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Suites in Spartanburg, SC
    Where is this medical office located?
    The property is located at 1650 Skylyn Dr Spartanburg, SC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Class A medical office space, a unique offering in the Spartanburg market.; 3% commission offered to cooperating brokers.; Tenant improvement allowance available for qualified tenants.
    Request Owner's contact information
    1650 Skylyn Dr Spartanburg, SC 29307
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1650 Skylyn Dr Spartanburg, SC 29307
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