Overview
Colliers, as exclusive advisor, is pleased to introduce the Syphrit Industrial Park located in Spartanburg market. The park is comprised of 5 buildings totaling 858,942 square feet and WALT of 2.29 years.
Ideally located along the Interstate 85 business corridor, Syphrit Industrial Park allows for easy ingress/egress connecting to major cities in the Southeast Region. Logistical advantages include accessibility to the Port of Charleston, the most productive container port in North America, the South Carolina Inland Port in Greer, and Charlotte Douglas International Airport.
Investment Highlights
Short Portfolio WALT
The Portfolio features 2.29 years of WALT
Significant Mark-to-Market Opportunity
Leigh Fibers represents a ~30% MTM, while the balance of the portfolio averages a ~20% MTM upon expiration
Low Class B Vacancy within the County/Submarket
Upper Spartanburg County features a vacancy rate of 6% for Class B Industrial
Priced Below Replacement Cost
The Portfolio is an opportunity to purchase a well-located asset below replacement cost
Most Desirable Corridor in the Southeast
The Property has immediate access and visibility to I-85
Unbeatable Proximity
The Property is centrally located to Inland Port Greer, GSP International Airport and both I-85 and I-26
Property Summary
Photo Gallery
Sales Team
