Retail Business for Lease in Spartanburg, SC

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Spartanburg, SC 29306

Description

Retail | For Lease: 2,300 SF Located in the heart of downtown on Main Street across from the Denny’s Headquarters, 194 E. Main represents a dynamic and conveniently located Class A retail space for tenants. The available sp

Market Context

This retail in Spartanburg, SC is listed for lease. It has been on the market for 127 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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