Value-Add Retail Investment
For Sale
Contact for pricing
6202 Shakespeare Rd, Columbia, SC
Retail property with income upside in Columbia, South Carolina.
Property Size11,275 SF
Lot Size0.56 Acres
Price / SF$35.03
Days on Market552
Property Features for 6202 Shakespeare Rd
General Information
Standard status
Active
Size
11,275 SF
Lot size
0.56 Acres
Property subtype
RETAIL
Listing Agency:
Wilson Kibler | Columbia
(803) 779-8600
Listed By:
John Mills · License #97905
(803) 255-8628
Source:
Moodyscre
Added: Mar 11, 2025
Changed: Sep 3
Last Checked: Sep 13 at 4:31AM
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 Wilson Kibler | Columbia
Investment Insights
Based on property information with market context.
This retail property presents an excellent value-add investment opportunity. The property is situated on approximately 1.73 acres and features M-1 zoning. It includes 7 suites, with 5 currently occupied, resulting in an 81% occupancy rate. There are 26 parking spaces available. The property has road frontage of 151 feet on Risley Road and 380 feet on Shakespeare Road. The current net operating income (NOI) is $24,000, with potential for increased income through leasing vacant units and raising existing rents. Existing average rents for tenants are $5.46 per square foot (gross), which is below market value.
Key Highlights
- Excellent value‑add investment opportunity with income upside.
- High occupancy rate of 81% with 5 of 7 suites occupied.
- Current NOI of $24,000.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,667 visits/mo
0.2 miles
Exxon
Shops & Services
3,456 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,263 visits/mo
0.3 miles
Best Deal Pawn & Gun
Shops & Services
1,625 visits/mo
0.1 miles
Hertz
Shops & Services
835 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail property with income upside in Columbia, South Carolina.
Where is this strip mall located?
The property is located at 6202 Shakespeare Rd Columbia, SC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Excellent value‑add investment opportunity with income upside.; High occupancy rate of 81% with 5 of 7 suites occupied.; Current NOI of $24,000.
