Freestanding Single-Story
200 Wise Ferry Rd Lexington, SC 29072
For Sale
Contact for pricing
Single-story freestanding building with a full commercial kitchen, ample parking, and subdivision potential for multiple uses.
Property Size7,500 SF
Price / SF$233.33
Days on Market491
Property Features for 200 Wise Ferry Rd
General Information
Standard status
Active
Size
7,500 SF
Property subtype
RETAIL
Listing Agency:
Colliers | Columbia
(803) 261-5839
Listed By:
Mary Teaster
(803) 261-5839
Source:
Moodyscre
Added: Mar 25, 2025
Changed: Jul 25
Last Checked: Jul 27 at 11:31AM
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 Colliers | Columbia
Investment Insights
Based on property information with market context.
This 7,500-square-foot, freestanding single-story building sits on approximately 1.5 acres and is supported by ample parking with room for expansion. The property includes a full commercial kitchen and can be subdivided to support multiple configurations and uses.
The tenant-ready layout lends itself to a range of occupancy types, including retail or office applications, as well as event or community-oriented concepts. The kitchen provides functionality for operators requiring food service capabilities.
If you’re evaluating a flexible facility with parking and interior subdivision potential, this building offers an adaptable footprint with core improvements already in place.
The tenant-ready layout lends itself to a range of occupancy types, including retail or office applications, as well as event or community-oriented concepts. The kitchen provides functionality for operators requiring food service capabilities.
If you’re evaluating a flexible facility with parking and interior subdivision potential, this building offers an adaptable footprint with core improvements already in place.
Key Highlights
- 7,500‑SF freestanding, single‑story building
- Set on ±1.5 acres with ample parking and room for expansion
- Includes a full commercial kitchen
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 | $143.1k | $19.08 |
| − Vacancy | −$9.0k | −$1.20 |
| EGI | $134.1k | $17.88 |
| − OpEx | −$33.5k | −$4.47 |
| NOI | $100.6k | $13.41 |
7,500 SF · lease $19.08/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,564 @ 7.0% cap · market cap 5.75%
Second Best
Healthcare Medical
$1.15M
$1.01M – $1.34M
NOI $80,451 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $141,000 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Single-story freestanding building with a full commercial kitchen, ample parking, and subdivision potential for multiple uses.
Where is this retail space located?
The property is located at 200 Wise Ferry Rd Lexington, SC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7,500‑SF freestanding, single‑story building; Set on ±1.5 acres with ample parking and room for expansion; Includes a full commercial kitchen
