Class A Medical Office
2113 Adams Grove Columbia, SC
2113 Adams Grove, Columbia, SC, 00000
Contact for pricing
For Sale
Contact for pricing
Class A medical office condo for sale or lease.
Property Size11,131 SF
Lot Size0.97 Acres
Price / SF$177.88
Days on Market1249
Property Features for 2113 Adams Grove
General Information
- Standard status
- Active
- Size
- 11,131 SF
- Lot size
- 0.97 Acres
- Property subtype
- OFFICE
Properties For Sale
at 2113 Adams Grove Contact us
Listing Agency
Trinity Partners | Columbia
(803) 567-1455
Listed by
Roger Winn, SIOR · License #SC 136374
(803) 567-1455
Source
Moodyscre
Added: Feb 17, 2023 Checked: Jul 19 at 5:25 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Trinity Partners | Columbia
Investment Insights
Based on property information with market context.
Available for sale is an approximately 11,131 square foot Class A medical office condo, encompassing the entire second floor. Alternatively, a 5,000 square foot medical office suite on the second floor is available for lease. The suite features a large central waiting room, a nurses' station, a check-in/check-out area, eight exam rooms, two procedure rooms, and multiple offices. The property is located across the street from Prisma Health’s Richland Campus. The medical lease rate is $24.00 per square foot full service, and the office lease rate is $20.00 per square foot full service. The sales price is $1,980,000.
Key Highlights
- Located across the street from Prisma Health’s Richland Campus
- Class A medical office condo
- Available for sale (±11,131 SF) or lease (±5,000 SF)
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $267.1k | $24.00 |
| − Vacancy | −$18.7k | −$1.68 |
| EGI | $248.4k | $22.32 |
| − OpEx | −$99.4k | −$8.93 |
| NOI | $149.1k | $13.39 |
11,131 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.13M
$1.86M – $2.48M
NOI $149,066 @ 7.0% cap · market cap 7.53%
Second Best
Office B
$1.89M
$1.65M – $2.20M
NOI $132,236 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$2.74M
$2.40M – $3.20M
NOI $191,863 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Carolina Pediatrics & Adolescent ...
Hospital
Coshal Balbir S
Physician
Dr. Philip F. ...
Pediatrician
Dr. Samer Touma
Counselor
Nazia Jones
Pediatrician
Similar For Sale Nearby
Similar Off Market Nearby
- Harris Melissa MD — 15 Medical Park Rd #141, Columbia, SC 29203, United States
FAQs
What type of property is this?
Medical Office Space - Class A medical office condo for sale or lease.
Where is this medical office space located?
The property is located at 2113 Adams Grove Columbia, SC.
What is the asking price?
The asking price for this property is $1,980,000.
What are key features of this property?
This property features: Located across the street from Prisma Health’s Richland Campus; Class A medical office condo; Available for sale (±11,131 SF) or lease (±5,000 SF)
