Retail Business for Lease in Spartanburg, SC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Spartanburg, SC 29306
  • Size: 6,891 SF
  • Year built: 2007

Description

Versatile Industrial Space – Ideal for Your Growing Business!

Market Context

This retail in Spartanburg, SC is listed for lease across 6,891 SF. The building dates to 2007. It has been on the market for 26 days. Compare it against other retail listings for lease in Spartanburg, SC — <a href="/search/lease/retail/south-carolina/spartanburg">view the full market</a>.

As of Q4 2023, the Greenville retail market showed a 4.8% vacancy rate, average asking rents near $11.79/SF/yr, and cap rates around 8.1%. Source: Consensus Q4 2023 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Greenville?
About 8.1% as of Q4 2023, per Consensus.
Is the Greenville retail market tightening or softening?
Vacancy is around 4.8% (Q4 2023).

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