For Lease or Sale. $15.50/s.f. for lease $7,400,000 for sale. Florence Enterprise Center 2210 Enterprise Drive Florence, South Carolina 29501
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1 For Lease or Sale $15.50/s.f. for lease $7,400,000 for sale Florence Enterprise Center 2210 Enterprise Drive Florence, South Carolina Plug and play contact center 176,557 s.f. divisible to 30,000 s.f. Turn-key condition Short term tenancy in place Strong labor market with state & county incentives available Lee Allen Brian Dawson Tom FitzGerald
2 176,500 s.f. investment & leasing opportunity 2210 Enterprise Drive is a two-story, corporate office building in turn-key condition with high capacity for backoffice operations. 2 3
3 Building entrance 2210 Enterprise Drive offers Property specifications Year Built 1998 Total s.f. 176,557 Campus acres Parking spaces Loading docks HVAC Power Fire supression 1,145 (6.50/1,000 s.f.); expandable to 8.0/1,000 2 bays 9 rooftop units 2 generators from 2 different substations 100% of building Open work space Fiber Furniture AT&T fiber/ CAT 6 wiring ±1,000 work stations; expandable to 1,400 Two-story lobby Restrooms Server room 4 men/4 women 2 CRAC systems Current tenant Calibur Funding: 37,381 s.f. through Q Full service cafeteria Training room Conference room Ingress and egress routes 4 5
4 Divide your size First floor Second floor Space leased by Calibur Funding through First floor data room Full service cafeteria Executive conference room Lobby atrium 6 7
5 Divide your size Demise Scenario 1: 1st Floor ±30,000 ±35,000 RSF Tenants Demise Scenario 2: 1st Floor 15,000 50,000 RSF Tenants 8 9
6 Divide your size Demise Scenario 3: 1st Floor 65,000 RSF Tenants Demise Scenario 4: 1st Floor 45,000 RSF Tenants 10 11
7 Location MSA labor statistics Florence County, SC Florence County is located on the eastern side of South Carolina. Strategically located at the intersection of I-20 and I-95, Florence County and the City of Florence serve as a transportation epicenter for the state; I-95 spanning from New York to Florida and I-20 reaching as far west as Texas. In addition to its centralized location, Florence County is among the top 20 largest counties in South Carolina. Recognizing its slow but positive population growth since 2010, the Florence County Economic Development Partnership launched a $260 million downtown revitalization initiative. Since the initiative s conception in 2011, downtown Florence s vacant storefronts went from a total of 45 to 11. The current revitalization pipeline for the county includes a new county judicial center, Hyatt Place hotel, and 350 total apartment units; spearheading projects to attract and retain residents and businesses. Florence Enterprise Center 13.3% 14.2% Under % 5.8% Population by age: Florence County Labor Shed 12.6% % 12.3% 9.7% Florence, SC MSA at a glance Sourced from U.S. Census Bureau 209,152 MSA population % Companies invested in Florence, SC Map of South Carolina & older Source: Florence County Economic Development Partnership population growth South Carolina provides investors and occupiers a probusiness work climate with its unparalleled business incentives offered through the South Carolina Department of Commerce. Florence County shares this pro-business sentiment and will capitalize on their readily available labor force, strong educational establishments, and overall inviting culture. 12.3% 6.1% 15.9% 96,900 Many companies recognize South Carolina s efforts to attract business and ultimately made it their base for operations. In Florence County, the following businesses serve as economic drivers for the community, county, and state: Otis Elevators International Knife & Saw ACS Technologies Johnson Controls Ruiz Foods Nucor Vulcraft Group Performance Food Service Monster.com Calibur Funding 9.2% No high school diploma High school graduate Educational Attainment: Florence County Labor Shed Ages % Some college, no degree Associates degree 34.3% Bachelors degree Postgraduate degree current labor force $41,007 median household income Source: Florence County Economic Development Partnership 12 13
8 Labor market analysis Quick facts Florence, SC market U.S. market Florence, SC: current call center/back-office operations Map # Company Total seats Services provided 1 Assurant Specialty Property 1,080 Insurance Services Blue Cross Blue Shield 1,010 Insurance Services 4.7 Distance to Florence Enterprise Center (miles) Entry Level Customer Service Representative Wage $10.00 $12.00 $14.00 $ ADP Tax Services 396 Tax services and data entry/payroll processing 4 ACS Technologies 375 Computer Software 5.2 <1 mile Contact Center Concentration Med3000 (PSA) 215 Medical billing and services Monster Worldwide 175 Customer service 8.9 Customer Service Concentration Calibur Funding 112 Financial Services In subject property Florence, SC: Low wages, high opportunity Total 3,363 Location ST Total Population 2016 Total Population Growth % ( ; US=4.8%) Dec 2016 Unemp Rate (US=4.7%) Contact Center Concentration (US=1) Customer Service Concentration (US=1) Entry Level Customer Service Rep Wage (US=$11.60) Muscle Shoals AL 150, % 6.70% $9.66 Map of Florence, SC Alexandria LA 161, % 6.50% $9.68 Johnson City TN 202, % 5.60% $9.84 Wichita Falls TX 155, % 4.30% $9.85 Florence SC 209, % 4.80% $ Charleston WV 228, % 5.90% $10.25 Terre Haute IN 174, % 5.00% $10.26 Macon GA 233, % 5.90% $10.30 Punta Gorda FL 173, % 5.50% $10.40 Jefferson City MO 154, % 3.60% $10.42 Gainesville GA 191, % 4.40% $10.47 Topeka KS 238, % 4.20% $10.59 Waterloo IA 173, % 4.30% $10.60 US Average USA 4.80% 4.70% 1 1 $
9 Amenities Map Food and beverage 1 Subway 10 Krispy Kreme Doughnuts General business/services 1 Gregory Poole Equipment 9 American Tire Distributors 2 Julia Belle s 11 Quincy s Family Steakhouse 2 TA Florence 10 Averitt Express 3 Zaxby s Chicken 12 McDonalds 3 Prime Rate Premium Finance 11 Otis Elevator Florence Enterprise Center Hardee s 5 Dunkin Donuts 6 Shoney s 7 FATZ Cafe 8 Dickey s BBQ Pit 9 Arby s 13 Huddle House 14 Cracker Barrel 15 Waffle House 16 Ruby Tuesday 17 Wendy s Hotel lodging/recreation 4 US Blades 12 ABB, Inc. 5 ADP Florence 13 Jacob s & Associates 6 Millwood, Inc. 14 American Red Cross 7 Dove Data Products 15 Wolseley Industrial Group 8 Dean Foods Gas/grocery/market/retail Exit Microtel Inn & Suites 2 La Quinta Inn & Suites 3 Days Inn Florence 4 Comfort Suites 5 Hampton Inn & Suites 6 Howard Johnson Inn 7 Country Inn & Suites 8 Thunderbird Inn Educational/municipal 1 Florence-Darlington Technical College 2 U.S. Agricultural Services 3 Hope Harvest Food Bank 9 Econolodge 10 Suburban Extended Sta 11 Motel 6 12 Super 8 Florence 13 Baymont Inn & Suites 14 Ramada Florence Center 15 Best Western 4 Kenneth Shuler School of Cosmetology 5 U.S. Agricultural Cotton Program 6 Vocational Rehab./Palmetto Center 1 Pee Dee Farmers Market 2 BP Gas Station 3 Eastern Industrial Supplies, Inc. 4 Young Plantation Pecans 5 Pilot Travel Center and Gas 6 Shell Gas Station 7 Exxon Gas Station RaceWay Gas Station 9 Tobacco Market 10 Florence Hyundai 11 Efird Chrysler Jeep Dodge 12 Builders FirstSource 13 Carolina Cars 14 Shell Gas Station miles to I-95 miles to downtown Florence, SC Florence-Darlington Technical College Florence County Museum Hotel Florence Florence County Courthouse 16 17
10 Lee Allen Managing Director JLL Charleston Brian Dawson Managing Director JLL Charlotte Tom FitzGerald Vice President JLL Charlotte JLL Charleston 701 East Bay Street Suite 308 Charleston, SC jll.com/charleston DISCLAIMER 2017 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit
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