Lease Brochure - The Montgomery Building

For Lease
Retail
600 - 2,400 SF
The Montgomery Building
187 North Church Street, Spartanburg, SC 29306
Property Features
• Mixed-use property: approximately 92 apartments on
floors 2 - 10 with ±9,000 SF of retail and restaurant space
available on the ground floor
• Spaces range from ±600 SF to ±2,926 SF with 14' ceiling
heights
• On-site parking and off-street parking deck with 750
spaces available
• Property is listed in the National Register of Historic Places
For more information:
Kevin Pogue
864 398 4444 x 7283 • kpogue@naiearlefurman.com
NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF
THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS,
OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR
FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS
IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE
CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.
NAI Earle Furman
314 S Pine St., Spartanburg, SC 29302
864 398 4444
naief.com
For Lease
The Montgomery Building
Property Summary
Property Overview
Available SF:
600 - 2,400 SF
Lease Rate:
Contact Broker
Lot Size:
Building Size:
Year Built:
1.55 Acres
132,066 SF
1924
Zoning:
DT-5 Urban Center
District (City of
Spartanburg)
Market:
Spartanburg
Sub Market:
Traffic Count:
Spartanburg CBD
12,985
The Montgomery Building was built in 1924 by the Montgomery
Family who was one of the leading textile families in the
Southeast. It was originally built as office space that housed
engineering, cotton brokers, and various other tenants that were
associated with the textile and cotton industry. Because of the
type and date of construction, the Montgomery Building is the
only remaining example of its kind in the entire state of South
Carolina. That, combined with the recent revitalization of the
Downtown Spartanburg area, will make this property a
sought-after location.
Demographics
1 Mile
5 Miles
10 Miles
Total Households:
2,498
34,755
72,557
Total Population:
7,637
92,007
191,171
$47,835
$50,579
$57,224
Average HH Income:
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
Property Overview
Street retail for lease on the ground floor of The Montgomery
Building in Downtown Spartanburg
Location Overview
Located at the corner of St. John Street and Church Street the busiest intersection in Downtown Spartanburg, SC. The
building is located next door to the University of South
Carolina Upstate’s George Dean Johnson, Jr. College of
Business; less than 1.5 miles from the Edward Via College of
Osteopathic Medicine, Wofford College, Converse College,
& Spartanburg Community College’s Downtown Campus. It
is also within walking distance of Denny’s National
Headquarters, OTO Development, BB&T, and Advance
America as well as numerous restaurants, retail stores, R.J.
Rockers Brewing Company, and the Hub City Co-Op
Apartment Space
The upper floors of the will be home to 92 one-bedroom and
two-bedroom apartments ranging in size from 422 SF to
1,374 SF.
Spartanburg Market
With diverse career opportunities; great schools, both
private private and public; and a dynamic, vibrant
downtown, it's easy to see how newcomers fall in love with
Spartanburg. Home to 10 corporate headquarters,
Spartanburg also has multiple colleges and acclaimed
primary and secondary schools within its city limits. Two
major interstate highways (I-85 and I-95) skirt the city and
provide convenient access to other areas of the state and
region.
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
Neighboring Office And Retail
Neighboring offices include Johnson Development
Associates,
OTO
Development,
American
Credit
Acceptance, American Storage, JM Smith, & QS-1
Neighboring retail business includes the Hub City Co-Op, a
new co-op grocery store (the only co-op in South Carolina featuring organic foods and locally-grown products) and
Hub City Tap House (the first brewery/cidery in the Upstate)
Pending/Proposed Downtown Projects
New AC Marriott Hotel - a seven-story European-inspired
concept that began in Spain and has spread to Italy,
Denmark, France, Turkey, Portugal, and USA that will cater
to the modern business traveler. The design will feature
sleek guest rooms, a contemporary lobby, relaxing lounges,
and state-of-the-art technologies
Proposed 50,000 SF office complex - the building will be
three stories and house 250 workers; this will bring new
business to to Downtown Spartanburg, increase the tax
base, and increase white collar jobs in the city
Downtown Spartanburg Events
Music on Main: live music, food, and beverages (April - July)
Jazz on Square: live jazz on Morgan Square
Greek Festival: delicious Greek food, pastries, music,
dancing, and shopping
Spring Fling: a favorite street festival with a wide variety of
food and retail vendors. Special attractions include a
cycling race and a family fun zone
Skating on the Square: Open-air rink on Morgan Square
(November - January)
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com
For Lease
The Montgomery Building
1 Mile
5 Miles
10 Miles
2,498
34,755
72,557
3.1
2.6
2.6
Average hh income
$47,835
$50,579
$57,224
Average house value
$94,975
$160,949
$166,007
Total households
Total persons per hh
1 Mile
5 Miles
10 Miles
7,637
92,007
191,171
Median age
27.5
35.0
36.2
Median age (male)
26.7
34.1
35.4
Median age (female)
27.8
36.0
37.0
Total population
1 Mile
5 Miles
10 Miles
Total population - White
% White
3,381
44.3%
51,667
56.2%
130,388
68.2%
Total population - Black
% Black
4,166
54.6%
35,585
38.7%
50,291
26.3%
Total population - Asian
% Asian
14
0.2%
1,726
1.9%
4,279
2.2%
Total population - Hawaiian
% Hawaiian
3
0.0%
10
0.0%
56
0.0%
Total population - Indian
% Indian
0
0.0%
196
0.2%
446
0.2%
Total population - Other
% Other
14
0.2%
1,429
1.6%
3,018
1.6%
1 Mile
5 Miles
10 Miles
92
1.2%
5,642
6.1%
11,922
6.2%
Total population - Hispanic
% Hispanic
* Demographic data derived from 2010 US Census
NAI Earle Furman | 314 S Pine St., Spartanburg, SC 29302 | 864 398 4444
naief.com