The Bowater Building - office in Greenville, SC
Office

The Bowater Building

the bowater building, greenville, SC 29601

Price

Price on request

Price/Sq Ft

$28.00

Description

CLASS A OFFICE BUILDING DOWNTOWN GREENVILLE + Office views overlooking Falls Park and the Liberty Bridge + Outdoor courtyard space exclusively for Tenant use + Security on-site 24/7 – Key card secured access to all floors + Parking garage adjacent to building and controlled by the Landlord (not city owned parking) + Centrally located in walking distance to over 100 restaurants

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

the bowater building, greenville, SC 29601

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeFull Service

Market Context

As of Q4 2022, the Greenville office market showed rents up 1.7% year over year, and cap rates around 8.0%. Source: multiple brokerages Q4 2022 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Compare it against other office listings for lease in Greenville, SC to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Greenville?
About 8.0% as of Q4 2022, per multiple brokerages.

Unified Estimate

High Confidence
$25.69/SF/mo-$34.75/SF/mo
Mid: $30.22/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
Q4 '22

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Market Employment Trend

YoY Growth:+1.6%
Avg Weekly Wage:$1,275

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population548,166
Median Income$77k
College Educated36.9%↑ 3.5pp
Median Age38.4 yrs
Median Home Value$299k
Unemployment4.4%↑ 0.8pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Rent vs. Market

$28

On par with market

Listed at $28.0/sqft/mo vs. market avg $28.06/sqft/mo

Assumptions
  • Market comparison: office in greenville, SC

More Office for Lease in Greenville, SC(5)

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Listed by

CBRE System Import