spartanburg, sc - 9 parcels available +/- 22 …...spartanburg, sc - 9 parcels available +/- 22...

SPARTANBURG, SC - 9 Parcels Available +/- 22 Acres Total - FOR SALE/LEASE/BUILD TO SUIT9855 Warren H. Abernathy Hwy, Spartanburg SC 29301

Stan TzouvelekasLand Acquisitions & [email protected] o • 864.630.5252 c • www.REALTYLINKDEV.com

TABLE OF CONTENTS

Executive Summary Property Summary.............................................................................3 Property Highlights...........................................................................4

Property Overview Aerials..................................................................................................5-6 Site Plan.................................................................................................7

Area Overview Location Map.......................................................................................8 Market Profile................................................................................9-10 Demographics............................................................................11-13 Contact Information.......................................................................14

Location: 9855 Warren H. Abernathy Hwy, Spartanburg SC 29301

County: Spartanburg

Lease Rates: Varies based on location and building costs

Possible Uses: Restaurant, Medical, Retail, Gas, Office Utilities: Contact broker for details

Access: Located at exit 66 off I-85 with direct access onto US 29

Zoning: Contact broker for details

Acreage: 9 Parcels +/- 22 Acres Total: · +/- 2.00 Acres · +/- 2.93 Acres · +/- 1.55 Acres · +/- 1.87 Acres · +/- 0.84 Acres · +/- 2.05 Acres · +/-2.27 Acres · +/- 3.19 Acres · +/- 5.44 Acres · +/- 8.75 Acres

PROPERTY SUMMARY

PROPERTY HIGHLIGHTS

• Positioned on US 29/Warren Abernathy Hwy and located less than 4 miles from I-26 and ½ mile from I-85, with traffic counts exceeding 38,500 AADT (16)

• Less than 5 miles west from Westgate Mall. The regional mall has 954,302 square feet of retail space and seven anchor stores: Bed Bath & Beyond, Belk, Costco, Dick’s Sporting Goods, Dillard’s, JCPenney, and Sears

• Part of one of the largest metropolitan areas of the Carolinas, and the headquarters for BMW with an MSA population of over 1.5 million making it a top 40 MSA

• Located across the street from Upward Star Athletic Center experiencing over 100,000 visitors a year

• Over 58,700 residents with an average household income of $69,771 in a 5 mile radius

DEMOGRAPHIC SUMMARY - 2017 3 MILE 5 MILE 7 MILE

POPULATION 18,156 58,722 111,594

HOUSEHOLDS 6,850 22,484 41,995

AVERAGE HH INCOME $73,987 $69,771 $60,915

MEDIAN HH INCOME $52,637 $51,913 $46,258

ORTHO AERIAL

AERIAL

SITE PLAN

LOCATION MAP

Spartanburg is nestled in the foothills of the Blue Ridge Mountains, between Atlanta, GA and Charlotte, NC and less than an hour from Asheville, NC.

Economy

Within the past decade, developers and community leaders have spearheaded an ef-fort to revitalize Spartanburg’s downtown commercial district. This has resulted in a remodeling of Morgan Square, the restoration of a number of historic structures and the relocation of several businesses and company headquarters to the downtown vi-cinity. Some of these new developments include a nine-floor, 240-room Marriott, the headquarters of Advance America, and the headquarters of QS/1 Data Systems. The world headquarters of Denny’s restaurants is also located in downtown Spartanburg. Numerous other smaller businesses such as RJ Rockers Brewing Company have also moved downtown as a result of this community-wide effort.

The economy of Spartanburg benefits from the BMW manufacturing facility located in the western end of Spartanburg County. Manu-facturing began in 1996 with certain types of the 3 Series and with the Z3 roadster. However, a year later when the newer 3 Series plat-form emerged, BMW decided not to build it at the Spartanburg plant, but instead exclusively manufacture variants of the popular Z3. The plant currently manufactures the X5 SAV and X6 SAC for the world market. As part of an expansion project announced in March 2008, the plant will add about 1,200,000 square feet of assembly space, and it will become the home of the next-generation X3 SAV.

Spartanburg is also home to the world headquarters and research facility for Milliken & Company. With over 12,000 associates located at more than 60 facilities worldwide, Milliken is one of the largest privately held textile and chemical manufacturers in the world.

Transportation

The Spartanburg Area Regional Transit Agency (SPARTA) provides low-cost, conve-nient public bus service to all areas of our city, as well as several destinations outside the city limits. Whether you’re a student on your way to class, a senior on your way to the grocery store, or a commuter on your way to work, we’re here to serve you. SPARTA is going your way!

MARKET PROFILE

Education

Most of the City of Spartanburg’s public schools are run by Spartanburg County School District 7, one of seven loosely affiliated districts located in Spartanburg County. However, the westernmost part of the city is served by Spartanburg County School District 6, which has two elementary schools within city limits. Spartanburg is home to the main campus of the South Carolina School for the Deaf and Blind. It has five Regional Outreach Centers throughout the state. The city is also home to Spartanburg Preparatory School, a K-8 public charter school that is the only “brick and mortar” charter school in the Upstate.

Spartanburg is a college town, with eight institutions of higher learning:The University of South Carolina Upstate (formerly known as University of South Carolina Spartanburg, or USCS)Converse College – Founded in 1889, Converse is a comprehensive masters institution with a co-ed graduate school and an undergraduate women’s liberal arts collegeSherman College of Chiropractic – South Carolina’s only chiropractic collegeSpartanburg Community CollegeSpartanburg Methodist College – The only 2-year, private, residential college in the state.Edward Via College of Osteopathic Medicine (VCOM) – Carolinas Campus. First classes began in Fall 2011Virginia College – Private career college opened in January 2011Wofford College – Founded in 1854, Wofford is a Phi Beta Kappa liberal arts college with an enrollment of approximately 1,500 students

Healthcare

Spartanburg County’s healthcare is mainly provided by the Spartanburg Regional Healthcare System. Spartanburg Regional is a public, not-for-profit, integrated health care delivery system based in the Spartanburg Regional Medical Center, a 588-bed teaching and research hospital. SRHS provides healthcare services to a five-county area in North and South Carolina, serving an Upstate medical population of more than 300,000 people.

In 1925, Dr. Hugh Ratchford Black opened a 35-bed facility named in honor of his wife, Mary Black. The current Skylyn Drive facility opened in 1968, and today, the campus features a 353,690-square-foot (32,859 m2) modern medical facility. The medical staff consists of more than 350 physicians representing all specialties. Mary Black Physician Group has over 100 employed physicians in more than 30 locations.

MARKET PROFILE

Demographic and Income Profile9855 Warren H Abernathy Hwy, Spartanburg, South Carolina, 29301 2

Prepared by Esri9855 Warren H Abernathy Hwy, Spartanburg, South Carolina, 29301 Latitude: 34.93712Ring: 3 mile radius Longitude: -82.06406

Summary Census 2010 2017 2022Population 16,585 18,156 19,260Households 6,304 6,850 7,237Families 4,512 4,835 5,077Average Household Size 2.62 2.64 2.66Owner Occupied Housing Units 4,559 4,912 5,215Renter Occupied Housing Units 1,745 1,937 2,022Median Age 37.7 39.0 40.4

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.19% 1.21% 0.83%Households 1.11% 1.21% 0.79%Families 0.98% 1.09% 0.71%Owner HHs 1.20% 1.20% 0.72%Median Household Income 2.88% 2.38% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 852 12.4% 826 11.4%$15,000 - $24,999 673 9.8% 617 8.5%$25,000 - $34,999 793 11.6% 685 9.5%$35,000 - $49,999 918 13.4% 806 11.1%$50,000 - $74,999 1,253 18.3% 1,313 18.1%$75,000 - $99,999 804 11.7% 1,009 13.9%$100,000 - $149,999 931 13.6% 1,187 16.4%$150,000 - $199,999 280 4.1% 353 4.9%$200,000+ 347 5.1% 442 6.1%

Median Household Income $52,632 $60,652Average Household Income $73,987 $86,083Per Capita Income $27,921 $32,335

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,162 7.0% 1,160 6.4% 1,163 6.0%5 - 9 1,133 6.8% 1,244 6.9% 1,260 6.5%10 - 14 1,289 7.8% 1,225 6.7% 1,380 7.2%15 - 19 1,211 7.3% 1,115 6.1% 1,203 6.2%20 - 24 922 5.6% 1,031 5.7% 901 4.7%25 - 34 1,994 12.0% 2,374 13.1% 2,286 11.9%35 - 44 2,311 13.9% 2,258 12.4% 2,578 13.4%45 - 54 2,590 15.6% 2,579 14.2% 2,468 12.8%55 - 64 2,062 12.4% 2,515 13.9% 2,706 14.0%65 - 74 1,200 7.2% 1,722 9.5% 2,089 10.8%75 - 84 552 3.3% 724 4.0% 982 5.1%

85+ 157 0.9% 208 1.1% 244 1.3%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 11,314 68.2% 12,095 66.6% 12,539 65.1%Black Alone 3,537 21.3% 3,818 21.0% 3,996 20.7%American Indian Alone 61 0.4% 64 0.4% 65 0.3%Asian Alone 634 3.8% 831 4.6% 989 5.1%Pacific Islander Alone 4 0.0% 5 0.0% 7 0.0%Some Other Race Alone 722 4.4% 919 5.1% 1,140 5.9%Two or More Races 312 1.9% 425 2.3% 523 2.7%

Hispanic Origin (Any Race) 1,500 9.0% 1,888 10.4% 2,297 11.9%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 15, 2018

©2018 Esri Page 1 of 6






<$15,000 2,666 11.9% 2,620 11.0%$15,000 - $24,999 2,425 10.8% 2,258 9.5%$25,000 - $34,999 2,447 10.9% 2,149 9.0%$35,000 - $49,999 3,187 14.2% 2,840 11.9%$50,000 - $74,999 4,515 20.1% 4,842 20.3%$75,000 - $99,999 2,714 12.1% 3,427 14.4%$100,000 - $149,999 2,818 12.5% 3,569 15.0%$150,000 - $199,999 852 3.8% 1,068 4.5%$200,000+ 858 3.8% 1,088 4.6%



0 - 4 3,670 6.9% 3,772 6.4% 3,883 6.2%5 - 9 3,693 6.9% 3,935 6.7% 4,074 6.5%10 - 14 3,990 7.5% 3,953 6.7% 4,337 6.9%15 - 19 3,910 7.4% 3,642 6.2% 3,903 6.2%20 - 24 3,246 6.1% 3,502 6.0% 3,100 5.0%25 - 34 6,705 12.6% 8,216 14.0% 8,256 13.2%35 - 44 7,646 14.4% 7,565 12.9% 8,546 13.7%45 - 54 7,904 14.9% 8,158 13.9% 8,021 12.8%55 - 64 6,338 11.9% 7,655 13.0% 8,220 13.1%65 - 74 3,723 7.0% 5,347 9.1% 6,343 10.1%75 - 84 1,789 3.4% 2,280 3.9% 3,074 4.9%

85+ 529 1.0% 696 1.2% 804 1.3%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 36,592 68.9% 39,578 67.4% 41,346 66.1%Black Alone 11,250 21.2% 12,295 20.9% 12,897 20.6%American Indian Alone 163 0.3% 177 0.3% 187 0.3%Asian Alone 1,896 3.6% 2,480 4.2% 2,962 4.7%Pacific Islander Alone 22 0.0% 28 0.0% 35 0.1%Some Other Race Alone 2,176 4.1% 2,732 4.7% 3,355 5.4%Two or More Races 1,045 2.0% 1,432 2.4% 1,778 2.8%



March 15, 2018







<$15,000 6,421 15.3% 6,357 14.3%$15,000 - $24,999 5,186 12.3% 4,872 11.0%$25,000 - $34,999 4,568 10.9% 4,071 9.2%$35,000 - $49,999 5,999 14.3% 5,384 12.1%$50,000 - $74,999 8,509 20.3% 9,233 20.8%$75,000 - $99,999 4,864 11.6% 6,229 14.0%$100,000 - $149,999 4,258 10.1% 5,446 12.3%$150,000 - $199,999 1,154 2.7% 1,453 3.3%$200,000+ 1,036 2.5% 1,313 3.0%



0 - 4 7,505 7.3% 7,536 6.8% 7,727 6.5%5 - 9 7,038 6.9% 7,653 6.9% 7,917 6.7%10 - 14 7,227 7.1% 7,385 6.6% 8,188 6.9%15 - 19 7,707 7.5% 7,155 6.4% 7,718 6.5%20 - 24 6,980 6.8% 7,189 6.4% 6,565 5.6%25 - 34 13,350 13.1% 15,825 14.2% 15,923 13.5%35 - 44 14,202 13.9% 14,190 12.7% 15,763 13.3%45 - 54 14,494 14.2% 14,812 13.3% 14,541 12.3%55 - 64 11,786 11.5% 13,873 12.4% 14,707 12.4%65 - 74 7,095 6.9% 9,981 8.9% 11,589 9.8%75 - 84 3,603 3.5% 4,403 3.9% 5,779 4.9%

85+ 1,298 1.3% 1,592 1.4% 1,725 1.5%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 64,192 62.8% 69,025 61.9% 71,854 60.8%Black Alone 28,050 27.4% 29,873 26.8% 31,006 26.2%American Indian Alone 334 0.3% 369 0.3% 388 0.3%Asian Alone 2,945 2.9% 3,832 3.4% 4,568 3.9%Pacific Islander Alone 31 0.0% 41 0.0% 51 0.0%Some Other Race Alone 4,748 4.6% 5,785 5.2% 6,988 5.9%Two or More Races 1,985 1.9% 2,669 2.4% 3,286 2.8%



March 15, 2018


2018 RealtyLink, LLC, We have obtained the contained information from sources we believe are reliable. We have not however verified that all information is accurate and make no guarantee, warranty or representation of it. The information is subject to the possibility of errors, ommissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice, and it is not a substitute for a thorough due diligence investigation. We include opinions, projections, estimations and assumptions for example purposes only. This information may not represent current or future performance of the property. Seek legal advise and conduct due diligence if exact numbers are desired.

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Property Contact:

Stan Tzouvelekas, Land Acquisitions & Sales864.263.5442 o • 864.630.5252 c

550 S. Main Street, Suite 300 • Greenville, SC 29601864.242.4008 o • 864.232.0160 c • www.REALTYLINKDEV.com

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spartanburg, sc - 9 parcels available +/- 22 …...spartanburg, sc - 9 parcels available +/- 22...

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