Office
Class-A Multi-Tenant Office Building | +/- 3.50 AC | Vacancy Upside | Spindale, NC
500 West St, Spindale, NC 28160
Listing Price: $1,750,000
Investment Overview
Class-A 11,809-SF multi-tenant office building on ±3.5 acres, 83% leased to USDA (10-year renewal) and Carolina Home Health (United Healthcare). Includes a 2,000-SF lease-up opportunity and sits adjacent to ±10.5 acres of commercially and residentially zoned land.
Prime location off US-74 ALT with strong traffic, national retailers nearby, and access to Asheville, Charlotte, and Spartanburg. North Carolina ranks #1 for business, with strong local demographics and growth.
Class-A Multi-Tenant Office Building | +/- 3.50 AC | Vacancy Upside | Spindale, NC
Investment Highlights
- 11,809-SF (16,000 GSF), Two Story, Class-A Multi-Tenant Office Building On +/-3.50 Acre Lot With Lighted Parking Lot (120 Surface Spaces) | New Carpet is Being Installed in the Lobby in July, 2025
- 83% Occupied by USDA Farm Services Bureau and Carolina Home Health, United Healthcare Parent Company
- USDA Recently Renewed Their Lease for 10 Years, Carolina Home Care Has 2.5+ Years Remaining With Two, 5-Year Renewal Options and 2.5% Annual Increases
- Leasing Upside: 2,000-SF Vacancy on 2nd Floor | Open Floor Plan With High Ceilings, Large Windows and Elevator Access | Two High Speed Fiber Internet Lines Available
- +/-10.50 Acres of Flat Land on Adjacent Parcel Also For Sale | Residential and Commercial Zoning With Frontage Along Railroad Ave/US-74 Alt | Convenient Zoning Allows For Wide Variety of Commercial and Residential Developments | HC-I Business Zoning Allows For Multiple Commercial, Office, Recreational, Industrial and Service Developments
- Easy Access to US-74 ALT, With 15,000 Vehicles Per Day and 0.5 Miles From US-221 / US-74 Intersection, Seeing 25,000+ VPD | Close Proximity to Newly Built Residential Communities and National Retail Tenants Such as Food Lion, Walgreens, Exxon, McDonald's, KFC, Dollar General, Advance Auto and More
- Spindale is Roughly 50 Miles From Asheville, Charlotte and Spartanburg Metro Areas
- CNBC Recently Selected North Carolina as The Number 1 State For Business in U.S., for Its Economy and Workforce | Strong and Stable Demographics: Population Exceeds 23,300 Within 5-Miles and is Projected to Grow by 2029 | Daytime Population Of 24,700+ Within 5-Miles
Office
Class-A Multi-Tenant Office Building | +/- 3.50 AC | Vacancy Upside | Spindale, NC
Listing Price: $1,750,000
Investment Highlights
- 11,809-SF (16,000 GSF), Two Story, Class-A Multi-Tenant Office Building On +/-3.50 Acre Lot With Lighted Parking Lot (120 Surface Spaces) | New Carpet is Being Installed in the Lobby in July, 2025
- 83% Occupied by USDA Farm Services Bureau and Carolina Home Health, United Healthcare Parent Company
- USDA Recently Renewed Their Lease for 10 Years, Carolina Home Care Has 2.5+ Years Remaining With Two, 5-Year Renewal Options and 2.5% Annual Increases
- Leasing Upside: 2,000-SF Vacancy on 2nd Floor | Open Floor Plan With High Ceilings, Large Windows and Elevator Access | Two High Speed Fiber Internet Lines Available
- +/-10.50 Acres of Flat Land on Adjacent Parcel Also For Sale | Residential and Commercial Zoning With Frontage Along Railroad Ave/US-74 Alt | Convenient Zoning Allows For Wide Variety of Commercial and Residential Developments | HC-I Business Zoning Allows For Multiple Commercial, Office, Recreational, Industrial and Service Developments
- Easy Access to US-74 ALT, With 15,000 Vehicles Per Day and 0.5 Miles From US-221 / US-74 Intersection, Seeing 25,000+ VPD | Close Proximity to Newly Built Residential Communities and National Retail Tenants Such as Food Lion, Walgreens, Exxon, McDonald's, KFC, Dollar General, Advance Auto and More
- Spindale is Roughly 50 Miles From Asheville, Charlotte and Spartanburg Metro Areas
- CNBC Recently Selected North Carolina as The Number 1 State For Business in U.S., for Its Economy and Workforce | Strong and Stable Demographics: Population Exceeds 23,300 Within 5-Miles and is Projected to Grow by 2029 | Daytime Population Of 24,700+ Within 5-Miles
Investment Overview
Class-A 11,809-SF multi-tenant office building on ±3.5 acres, 83% leased to USDA (10-year renewal) and Carolina Home Health (United Healthcare). Includes a 2,000-SF lease-up opportunity and sits adjacent to ±10.5 acres of commercially and residentially zoned land. Prime location off US-74 ALT with strong traffic, national retailers nearby, and access to Asheville, Charlotte, and Spartanburg. North Carolina ranks #1 for business, with strong local demographics and growth.
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