Single-Tenant Retail
190 PONTIAC BUSINESS CTR DR Elgin, SC
For Sale
Contact for pricing
For sale retail building with one unit and approximately 45,488 SF.
Property Size45,488 SF
Price / SF$170.92
Days on Market83
Property Features for 190 PONTIAC BUSINESS CTR DR
General Information
- Standard status
- Active
- Size
- 45,488 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing Agency:
Cobb & Sabbagha Realty
Listed By:
Jackson Cobb · License #SC 6370
Source:
Crexi
Added: May 3
Changed: Jul 23
Last Checked: Jul 23 at 10:39AM
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 Cobb & Sabbagha Realty
Investment Insights
Based on property information with market context.
This for-sale retail building is configured as a single unit totaling 45,488 SF. The property is identified as a retail asset, offering one consolidated space for an owner-occupant or tenant arrangement.
The building is located at 190 Pontiac Business Ctr Dr in Elgin, SC. The listing information notes one unit within the retail property, which can simplify leasing or occupancy planning for a single occupant footprint.
The building is located at 190 Pontiac Business Ctr Dr in Elgin, SC. The listing information notes one unit within the retail property, which can simplify leasing or occupancy planning for a single occupant footprint.
Key Highlights
- Retail building built in 2006
- Approximately 45,488 SF retail space
- Single‑unit retail property
Financial Insights For 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 | $982.5k | $21.60 |
| − Vacancy | −$59.0k | −$1.30 |
| EGI | $923.6k | $20.30 |
| − OpEx | −$277.1k | −$6.09 |
| NOI | $646.5k | $14.21 |
45,488 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$9.24M
$8.08M – $10.78M
NOI $646,512 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$11.20M
$9.80M – $13.07M
NOI $784,068 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Thunder Tower Harley-Davidson
Motorcycle Shop
ATM
Atm
FAQs
What type of property is this?
Retail space - For sale retail building with one unit and approximately 45,488 SF.
Where is this retail space located?
The property is located at 190 PONTIAC BUSINESS CTR DR Elgin, SC.
What is the asking price?
The asking price for this property is $7,775,000.
What are key features of this property?
This property features: Retail building built in 2006; Approximately 45,488 SF retail space; Single‑unit retail property
