Spartan Ridge Logistics Center - Building 2 — Sale in Spartanburg, SC
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: Spartanburg, SC 29301
- Size: 286,000 SF
- Year built: 2020
Photos
Description
On behalf of Ownership, Jones Lang LaSalle Americas, Inc. ("JLL") has been retained as the exclusive sales representative for Spartan Ridge Logistics Center - Building 2 (the "Project" or "Offering") - a 286,000 square foot Class A logistics facility located in Spartanburg, South Carolina. The Project is 100% leased to three (3) tenants with 4.4 years of weighted average lease term (WALT), delivering consistent, diversified in-place cash flow with substantial value creation opportunities. Notably, 33.5% of the project (Service Transport, Inc.) presents meaningful, near-term upside with current rents 39% below market, while the property in aggregate is 28.1% below market, positioning the asset for significant rent growth and income enhancement. Strategically positioned just 1.2 miles from I-85, the Project benefits from exceptional connectivity along one of the Southeast's most critical logistics corridors, linking major markets from Atlanta to Charlotte and beyond. This prime location within the high-performing Greenville-Spartanburg industrial market provides tenants with optimal supply chain efficiency while offering investors exposure to a market characterized by strong fundamentals, robust economic growth, and sustained momentum. Overall, the Offering presents investors with the opportunity to acquire a fully leased Class A multi-tenant logistics facility in a top-tier Southeast market with significant near and long term value-add upside at a highly attractive going-in basis.
Market Context
This industrial in Spartanburg, SC is listed for sale across 286,000 SF. The building dates to 2020. Compare it against other industrial listings for sale in Spartanburg, SC — view the full market.
As of Q1 2026, the Greenville industrial market showed average asking rents near $6.19/SF/yr, and rents up 3.7% year over year. Source: multiple brokerage reports, Q1 2026.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Contact
- Britton Burdette · 4049952302 · britton.burdette@jll.com
- Pete Pittroff · 7049069943 · pete.pittroff@jll.com
- Dave Andrews · 8438055110 · david.andrews@jll.com
- Michael Scarnato · 7045262829 · michael.scarnato@jll.com
Explore this market
Similar Industrial Property for Sale in Spartanburg, SC
- Spartan Enterprise Park — $5 · Spartanburg, SC · 1,334,270 SF
- 550 S Church St — $165K · Spartanburg, SC