2210 ENTERPRISE DRIVE FLORENCE, SOUTH CAROLINA AVAILABLE FOR LEASE Charles Carmody, CCIM, SIOR Senior Vice President Brokerage +1 843 577 1155 charles.carmody@cbre.com Chris Tamsberg Associate Brokerage +1 843 577 1151 chris.tamsberg@cbre.com CBRE 134 Meeting Street Suite 510 Charleston, SC 29401 www.cbre.com/charlestonsc 1
PROPERTY OVERVIEW CBRE is pleased to have been named exclusive leasing agent and property manager for 2210 Enterprise Drive in Florence, SC. This Class A, ±176,557 square foot office building is positioned on a well landscaped 16.53 acre campus. There are 1,145 parking spaces on the campus, with the potential for additional spaces. 2210 Enterprise Drive is located west of downtown Florence, just minutes from the I-95/I-20 interchange and 15 minutes from the Florence Regional Airport. The two-story building features a spacious front lobby, 15 conference rooms, two executive board rooms, an oversized data center for massive server space, built-in garbage incinerator, two outside storage buildings, an interior maintenance work shop, and a loading dock with two bays. The building is fully furnished with approximately 1,416 cubicle seats, and is equipped with a full commercial kitchen and dining room. There are three telephone access rooms per floor. The oversized server room, with racks in place, includes two CRAC systems. In addition, the building has a back-up generator with two separate power lines running from two separate substations. Constructed in 1998, the building received a $4 million upgrade that was completed in 2012. The upgrade included: Conversion to CAT-6 wiring Two new 35-ton air units The addition of an in-house medical facility with three patient rooms and a small lab A full service cafeteria accommodating ±400 that can also be used as an auditorium or private meeting area Of the ±176,557 total square feet, ±37,381 square feet is currently leased to Caliber Funding through June 30, 2016; however, they are open to vacating for a tenant interested in leasing the entire building. Until October 2014, JP Morgan Chase Bank leased ±86,403 square feet as a mortgage data input and call center. All furniture, fixtures, and equipment, other than computers, remain in place. 2210 Enterprise Drive is an excellent plug and play opportunity for a call center or other large space users who require an above average parking ratio. 1
SPACE FEATURES Available ±139,176 RSF can be expanded to include entire ±176,557 RSF Equipment and furniture remain including 1,416 cubicles with desks and chairs Mix of offices and open area Multiple T1 fiber optic service Full commercial kitchen and dining room CAT-6 wiring Massive data center On-site medical facility 1,145 parking spaces with room for expansion Built-in garbage incinerator 2
2210 ENTERPRISE DRIVE FLORENCE, SC 29501 ±139,176 RSF AVAILABLE NOW :: C A N B E E X PA N D E D T O E N T I R E ± 1 7 6, 5 5 7 R S F 3
LEASE RATE:$15.00/SF FULL SERVICE 1,145 PARKING SPACES WITH ROOM FOR EXPANSION 4
FIRST FLOOR 86,403 RSF AVAILABLE NOW 5
S E C O N D F LO O R 52,773 RSF AVAILABLE NOW :: CAN BE EXPANDED TO 90,154 RSF 6
FULL SERVICE CAFETERIA WITH COMMERCIAL KITCHEN ACCOMMODATES 400+ CAN BE USED AS AN AUDITORIUM OR PRIVATE MEETING ROOM 7
BUILDING SPECIFICS: YEAR BUILT 1998 TOTAL BUILDING SF AVAILABLE SF CAMPUS SIZE PARKING LOADING DOCK HVAC POWER FIRE SUPPRESSION FIBER SECURITY CUBICLES RESTROOMS SERVER ROOM ±176, 557 SF 1st Floor: ±86,403 RSF 2nd Floor: ±52,773 RSF up to ±90,154 RSF (NOTE: Current 2nd Floor Tenant is open to vacating) ±16.23 acres 1,145 spaces (28 HDA) Two (2) bays Nine (9) rooftop units Generator / Two (2) power lines from two (2) substations Fully sprinklered AT&T fiber / CAT 6 wiring throughout ID badges / electronic security locks / 20+ security cameras ±1,416 with desks & chairs Four (4) Male / Four (4) Female Two (2) CRAC systems 8
FLORENCE, SC 9 Florence is a mid-sized Southern city full of character, history, and charm. Chartered in 1871, the original township formed as a railroad terminal. Today, the Florence metro boasts a population of approximately 207,500 residents. Florence residents exude a strong sense of community pride and Southern hospitality. The city is large enough to boast a performance theater, symphony orchestra, ballet companies and museums; a team in the Southern Professional Hockey League; Freedom Florence, a world-class recreation complex; and Darlington Raceway, a famous race track nicknamed The Track Too Tough to Tame by NASCAR drivers and fans. Florence is small enough, however, to preserve its small-town feeling, with tree-lined streets and parks, all of which add to the quality lifestyle that citizens enjoy. Florence is located at the intersection of I-95, the major north/south artery on the East Coast, and I-20 that begins in Florence and runs through Atlanta to the western United States. U.S. Highways 52, 301, and 76 also meet in Florence, providing access to Charleston, Myrtle Beach, and a direct connection via U.S. 76 with Chicago. In addition, Florence is accessible by a recently expanded regional airport, twenty trucking terminals, and both Amtrak and CSX railway services. The City of Florence serves as the county seat of Florence County and is the largest city in the Northeastern portion of South Carolina in the heart of eight counties between the Piedmont and Coastal regions of South Carolina. In recent years, the city has become a regional center for business, health care, culture and finance. Three major medical providers - McCleod Regional Medical Center, Carolinas Hospital System and HealthSouth - serve the eight surrounding counties. Florence is home to Frances Marion University and Florence- Darlington Technical College. Southeastern Institute for Manufacturing and Technology (SIMT) from Florence-Darlington Technical College, is a 400,000 square foot facility that will be the hub for advanced technical training for the area in a variety of highly specialized fields. With the combination of Florence-Darlington Technical College s existing resources and the new SIMT, every new industry has a wealth of training and educational resources at their disposal. The cost of living in Florence is 6.3% below the national average, with a median home price of just $124,000. In 2014, Forbes magazine ranked Florence #166 in Best Small Places for Business and Careers and #155 in Cost of Doing Business.
FLORENCE, SC 2014 Estimated Demographics 4 Miles 8 Miles 12 Miles Population 27,158 96,987 125,236 Average Age 39.49 39.44 38.92 Households 10,485 38,814 48,751 Household Size 2.50 2.46 2.50 Average Household Income $50,906 $60,608 $58,591 Average Housing Value $163,666 $173,483 $164,182 Household Growth 2000-2010 7.13% 12.62% 12.26% 2014 Estimated Population Over 25 by Educational Attainment 4 Miles (10,845) 8 Miles (38,814) 12 Miles (48,751) Less than 9th Grade 7.6% 5.3% 5.6% High School - No Diploma 13.4% 10.8% 11.7% High School Diploma 33.2% 31.7% 33.1% Some College 19.5% 20.1% 20.0% Associate Degree 5.5% 8.1% 8.0% Bachelor s Degree 13.0% 14.9% 13.6% Master s Degree 5.3% 6.3% 5.6% Professional Degree 1.5% 1.8% 1.5% Doctoral Degree.9% 1.0%.9% \Major employers in the North Eastern Region of South Carolina, which covers nine counties and the population centers of Florence and Myrtle Beach, are involved in manufacturing, automotive production, distribution and logistics, and agribusiness industries. They include: 1. Sonoco Products, 2,400 employees 2. Honda of South Carolina Manufacturing, 1,553 employees 3. Schaeffler Group USA, 1,200 employees 4. AVX Corporation, 1,100 employees 5. Perdue Farms, 1,075 employees 6. Mohawk Industries, 1,000 employees 7. QVC, 1,000 employees 8. Wal-Mart Distribution Center, 910 employees 9. Nan Ya Plastics Corporation, 901 employees 10. International Paper Company, 831 employees 10
11 SOUTH CAROLINA With low corporate tax rates and competitive wages, South Carolina s job market has consistently outpaced national growth levels. South Carolina offers an array of grants and incentives to help businesses that invest in South Carolina including the following statutory incentives: No state property tax No local income tax No inventory tax No sales tax on manufacturing machinery, industrial power or materials for finished products No wholesale tax No unitary tax on worldwide profits Favorable corporate income tax structure Citing a strong business and labor climate, editors of a national site consultant magazine, Area Development, ranked South Carolina second overall as a place to do business. South Carolina was ranked No. 2 for overall business climate; No. 3 for infrastructure and global access; and tied for No. 5 in leading in the economic recovery. There are over 100 colleges and universities in South Carolina, including the University of South Carolina, Clemson University, Furman University, and Wofford College. In addition, the SC State Board for Technical and Comprehensive Education operates the SC Technical College System, comprised of 16 technical colleges located strategically across the state. The SC Technical College System powers readysc, which provides well-trained employees to qualifying companies that invest in South Carolina. A customized process, readysc offers services in recruiting, screening and training, and tailoring guidelines and curriculum to fit a company s needs. The nationally-recognized programs are designed to train or re-train employees so that new and existing companies can continue to prosper and grow. Established in 1961, readysc has trained more than 250,000 workers for nearly 2,000 companies. South Carolina is a right-to-work state with a low unionization rate of 3.3 percent overall, ranking 3rd lowest in the United States. South Carolina s unionization rate for the private sector at 1.3 percent is the lowest in the nation and the rate for manufacturing at 1.9 percent is the 3rd lowest in the nation.
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2210 ENTERPRISE DRIVE AVAILABLE FOR LEASE LEASE RATE: $15/RSF FULL SERVICE FOR MORE INFORMATION PLEASE CONTACT: Charles Carmody, CCIM, SIOR Senior Vice President Brokerage +1 843 577 1155 charles.carmody@cbre.com Chris Tamsberg Associate Brokerage +1 843 577 1151 chris.tamsberg@cbre.com CBRE 134 Meeting Street Suite 510 Charleston, SC 29401 www.cbre.com/charlestonsc 2014 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are property of their respective owners and use of these images without the express written consent of the owner is prohibited.