200 Graces Way, Columbia, SC
7000+/- SF restaurant with high traffic location.
- Added:
- Nov 7, 2024
- Days on Market:
- 585
- Last Refresh:
- May 19 at 10:17 pm
Property Features for 200 Graces Way
General Information
- Standard status
- Active
- Size
- 7,000 SF
- Lot size
- 1.81 Acres
- Property subtype
- RETAIL
Listing agent David Brock License #58004
Listing office ERA Wilder Realty Inc. - Columbia (803) 728-8400
Listing date Nov 7, 2024
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
HighLights
- 7000+\/- SF Restaurant Space ready for your vision.
- Seats up to 275 people.
- Turnkey opportunity, start serving customers quickly.
- High traffic location ensures visibility.
- Benefit from a Pylon Sign.
- Located at a Signalized intersection for easy access.
Overview
Local Financial Insights For Specialty Retail
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 | $159.6k | $22.80 |
| − Vacancy | −$8.8k | −$1.25 |
| EGI | $150.8k | $21.55 |
| − OpEx | −$37.7k | −$5.39 |
| NOI | $113.1k | $16.16 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Iacofano's Catering & Foodservice Columbia — 10203 Two Notch Rd, Columbia, SC 29229
- Southern Gourmet Catering — 104 Rock Springs Rd, Columbia, SC 29223
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Lexington
- State
- South Carolina
- Longitude
- -80.8803
- Latitude
- 34.1142
