Spartanburg, SC Manufacturing Properties for Lease
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Spartanburg, SC Manufacturing properties Lease Rates & Market Statistics
Explore 7 Manufacturing properties for lease in Spartanburg, SC on Realmo, a commercial real estate exchange covering the Spartanburg area. The current inventory totals 1,639,366 square feet of properties.
Manufacturing properties lease rates in Spartanburg range from $7 SF/Yr at the entry level to $8 SF/Yr at the top of the market, averaging $7.50 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $7.50 SF/Yr is 54% below the South Carolina state average of $16.18 SF/Yr.
Spartanburg accounts for 70% of the 10 manufacturing properties currently available across Spartanburg County, where nearby markets include Inman and Landrum. Manufacturing properties make up 18% of the 40 Industrial properties currently for lease in Spartanburg, with asking rates averaging $7.50 SF/Yr — 28% below the citywide Industrial properties average of $10.38 SF/Yr. Also worth a look for tenants weighing alternatives: Flex space (22 listings) and Distribution centers (6 listings) elsewhere in the Spartanburg market.
