Multi-Unit Retail
For Sale
$1,300,000
2757-2761 Rosewood Dr, Columbia, SC 29205
For sale multi-unit storefront property with value-add positioning for an operator or investor.
Property Size6,000 SF
Days on Market80
Property Features for 2757-2761 Rosewood Dr
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail
Building Details
Building Size
6,000 SF
Year Built
1940
Listing Agency:
Trinity Partners | Columbia
(803) 530-1562
Listed By:
Robbie Cook · License #SC 78785
(803) 530-1562
Source:
Trinity-partners
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 29 at 6:33AM
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.
This for-sale retail property includes a set of storefront units at 2757-2761 Rosewood Dr in Columbia, SC. The offering is presented as a value-add investment opportunity, with the seller noting positioning “below replacement cost,” making it relevant to buyers looking to acquire retail space with room for improvement.
The property’s public remarks describe an excellent location and strong demographics, but no additional traffic, frontage, or neighboring tenants are provided in the available information. Buyers should plan to confirm day-to-day accessibility and the surrounding retail environment during due diligence.
From an occupancy and ownership perspective, a multi-unit storefront setup can appeal to investors and owner-operators seeking flexible retail configurations. Because the available data does not specify current occupancy, unit mix details, or condition beyond the seller’s general positioning, prospective buyers should review the lease and operating history, verify unit-by-unit features, and confirm any renovation or re-tenanting requirements before moving forward.
The property’s public remarks describe an excellent location and strong demographics, but no additional traffic, frontage, or neighboring tenants are provided in the available information. Buyers should plan to confirm day-to-day accessibility and the surrounding retail environment during due diligence.
From an occupancy and ownership perspective, a multi-unit storefront setup can appeal to investors and owner-operators seeking flexible retail configurations. Because the available data does not specify current occupancy, unit mix details, or condition beyond the seller’s general positioning, prospective buyers should review the lease and operating history, verify unit-by-unit features, and confirm any renovation or re-tenanting requirements before moving forward.
Key Highlights
- Multi‑unit storefront property for sale (value‑add positioning for an operator or investor).
- Year built: 1940.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,277
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,705,540
$1.7M
Cap Rate 7%
$1,218,243
$1.2M
Cap Rate 9%
$947,522
$947.5K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$129.6K $21.60/SF
− Vacancy
−$7.8K −$1.30/SF
EGI
$121.8K $20.30/SF
− OpEx
−$36.5K −$6.09/SF
NOI
$85.3K $14.21/SF
Area
Columbia, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,705,540
Cap Rate 7%
$1,218,243
Cap Rate 9%
$947,522
Alternative Uses
Best Use
Retail
$1.22M
$1.07M – $1.42M
NOI $85,277 @ 7.0% cap · market cap 6.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,421 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Shops & Services 27%
Dining 18%
Beauty & Spa 3%
Publix
Groceries
41,802 visits/mo
0.2 miles
Dollar Tree
Shops & Services
15,779 visits/mo
0.4 miles
Starbucks
Dining
14,153 visits/mo
0.2 miles
BP
Shops & Services
6,538 visits/mo
0.3 miles
Great Clips
Beauty & Spa
2,339 visits/mo
0.2 miles
Demographics for 29205, SC
23,586
Population
12,792
Households
1.8
Avg Household Size
34
Median Age
66%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
3,629
Density / Sq Mi
$62,197
Median Household Income
$41,660
Median Earnings
$1,100
Median Rent
$335,200
Median Home Value
Market
Vacancy Rate% for Retail in Columbia, SC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For sale multi-unit storefront property with value-add positioning for an operator or investor.
Where is this storefront property located?
The property is located at 2757-2761 Rosewood Dr Columbia, SC.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Multi‑unit storefront property for sale (value‑add positioning for an operator or investor).; Year built: 1940.
