thank you
Your email has been sent!
Clemson Road Shopping Center 2703 Clemson Rd 8,200 SF 100% Leased Retail Building Columbia, SC 29229 $3,466,000 ($422.68/SF) 6.50% Cap Rate
EXECUTIVE SUMMARY
Attractive Near-Term NOI Growth: All tenants are set for fixed 10% rent increases within the next 9 to 15 months, ensuring near-term NOI growth for prospective buyers.
Minimal Landlord Responsibilities: With all three tenants under NNN leases, investors benefit from stable returns and minimal landlord responsibilities.
Prime Retail Location: Strategically positioned on the high-traffic Clemson Road (±38,300 VPD), just one block from Killian Elementary School and Lexington Medical Center (607 beds). The property is surrounded by major retailers including Lowe’s, Aldi, Chick-fil-A, Walmart, Kroger, and Starbucks, providing strong customer visibility and accessibility.
Robust Demographics: The property serves a densely populated and affluent area, with a 5-mile radius population of 118,126 and an average household income of $98,971.
Convenient Interstate Access: Located just 1.8 miles from Interstate 77, offering seamless connectivity to the greater Columbia MSA.
Expanding Market Opportunities: Columbia has been recognized as a “Top 5” Southern city on the rise by Southern Living. The region is experiencing rapid population and economic growth, underpinned by a strong employment rate. Columbia’s extensive transportation network—including access to five major interstates, Columbia Metro Airport, and the Port of Charleston—continues to position it as a premier Southeastern market for investment.
Minimal Landlord Responsibilities: With all three tenants under NNN leases, investors benefit from stable returns and minimal landlord responsibilities.
Prime Retail Location: Strategically positioned on the high-traffic Clemson Road (±38,300 VPD), just one block from Killian Elementary School and Lexington Medical Center (607 beds). The property is surrounded by major retailers including Lowe’s, Aldi, Chick-fil-A, Walmart, Kroger, and Starbucks, providing strong customer visibility and accessibility.
Robust Demographics: The property serves a densely populated and affluent area, with a 5-mile radius population of 118,126 and an average household income of $98,971.
Convenient Interstate Access: Located just 1.8 miles from Interstate 77, offering seamless connectivity to the greater Columbia MSA.
Expanding Market Opportunities: Columbia has been recognized as a “Top 5” Southern city on the rise by Southern Living. The region is experiencing rapid population and economic growth, underpinned by a strong employment rate. Columbia’s extensive transportation network—including access to five major interstates, Columbia Metro Airport, and the Port of Charleston—continues to position it as a premier Southeastern market for investment.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
8,200 SF
Year Built
2020
Price
$3,466,000
Price Per SF
$422.68
Cap Rate
6.50%
NOI
$225,265
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.61 AC
Parking
87 Spaces (10.61 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 17400-06-09 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,448,800 |
PROPERTY TAXES
Parcel Number
17400-06-09
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,448,800
CONTACTS
-
Robert Schmidt, CCIM -
Peter Couchell, CCIM -
Lawrence Myers -
NAI Earle Furman LLC
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Clemson Road Shopping Center | 2703 Clemson Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.