7116 Firelane Rd Columbia, SC
Renovated office building with modern features and functional layout.
Property Features for 7116 Firelane Rd
General Information
- Standard status
- Active
- Size
- 3,782 SF
- Lot size
- 0.40 Acres
- Property subtype
- OFFICE
Listing office ERA Wilder Realty Inc. - Columbia (803) 728-8400
Listing date May 13, 2025
Source Moodyscre
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 ERA Wilder Realty Inc. - Columbia
Investment Insights
Based on property information with market context.
Key Highlights
- Renovated 3,782 SF office building with excellent visibility.
- Prime location suitable for professional or creative use.
- Features six private offices, a bullpen area, and a spacious conference area.
Local Financial Insights For Office B
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 | $72.6k | $19.20 |
| − Vacancy | −$12.7k | −$3.36 |
| EGI | $59.9k | $15.84 |
| − OpEx | −$15.0k | −$3.96 |
| NOI | $44.9k | $11.88 |
