Medical Office Building For
1701 St Julian Pl Columbia, SC 29204
1701 St Julian Pl, Columbia, SC, 29204
Contact for pricing
For Sale
Contact for pricing
Medical office building for sale or lease in Forest Acres.
Property Size14,442 SF
Price / SF$141.95
Days on Market700
Property Features for 1701 St Julian Pl
General Information
- Standard status
- Active
- Size
- 14,442 SF
- Property subtype
- Office
Building Details
- Year Built
- 1969
Listing Agency
Trinity Partners
(803) 567-1897
Listed by
Ryan Causey · License #SC 111934
Source
Crexi
Added: Aug 17, 2024 Checked: Jul 15 at 9:02 pm
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
Investment Insights
Based on property information with market context.
This medical office building, offering between approximately 2,500 and 14,442 square feet, is available for sale or lease. The property is situated on St. Julian Place and Middleburg Drive, within the Forest Acres area.
Key Highlights
- Medical office building available for sale or lease
- Located in Forest Acres, offering a prime location
- Building size offers flexibility with ±2,500 - 14,442 SF available
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 | $277.3k | $19.20 |
| − Vacancy | −$48.5k | −$3.36 |
| EGI | $228.8k | $15.84 |
| − OpEx | −$57.2k | −$3.96 |
| NOI | $171.6k | $11.88 |
14,442 SF · lease $19.20/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Healthcare Medical
$2.76M
$2.42M – $3.22M
NOI $193,407 @ 7.0% cap · market cap 9.43%
Second Best
Office B
$2.45M
$2.14M – $2.86M
NOI $171,571 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$3.56M
$3.11M – $4.15M
NOI $248,934 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Forest Acres Animal Hospital — 3327 Forest Dr, Columbia, SC 29204
- Vmd Group — 2640 Forest Dr, Columbia, SC 29204
FAQs
What type of property is this?
Medical Office Space - Medical office building for sale or lease in Forest Acres.
Where is this medical office space located?
The property is located at 1701 St Julian Pl Columbia, SC.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Medical office building available for sale or lease; Located in Forest Acres, offering a prime location; Building size offers flexibility with ±2,500 - 14,442 SF available
