Toyota Dealership and Car Wash
For Sale
Contact for pricing
2136 Sunset Blvd, West Columbia, SC 29169
A 2014-built auto dealership campus includes a maintenance shop and a standalone car wash on 11.63 acres.
Property Size35,000 SF
Lot Size16.07 Acres
Price / SF$300
Days on Market151
Property Features for 2136 Sunset Blvd
General Information
Standard status
Active
Size
35,000 SF
Class
C
Total Parking Spaces
575
Lot size
16.07 Acres
Property subtype
Special Purpose, Retail
Investment Type
Sale/Leaseback
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
2014
Buildings
3
Tenancy
Single
Listing Agency:
Trinity Partners Columbia
Listed By:
Macon Lovelace · License #SC 59514
(803) 254-0100
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Sep 7 at 12:06PM
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.
Constructed in 2014, this approximately 33,000-square-foot Peter Boulware Toyota Center is offered for sale on 11.63 acres. The offering includes the main dealership building, an additional ±2,000-square-foot maintenance shop, and a standalone car wash. A 4.44-acre surplus parcel across the street is included and is currently used for overflow parking and storage.
The property is located at 2136 Sunset Boulevard in West Columbia, South Carolina, about 0.5 miles from Interstate 26 and three miles from downtown Columbia. It is also described as being near major highway systems, Lexington Medical Center, and the Columbia Metropolitan Airport (CAE).
Peter Boulware Toyota plans to relocate operations to a newly developed facility by June 2028. As part of that move, the dealership would enter into a sale-leaseback arrangement with the purchaser, leasing the property back at fair market rate until the new location is complete.
The property is located at 2136 Sunset Boulevard in West Columbia, South Carolina, about 0.5 miles from Interstate 26 and three miles from downtown Columbia. It is also described as being near major highway systems, Lexington Medical Center, and the Columbia Metropolitan Airport (CAE).
Peter Boulware Toyota plans to relocate operations to a newly developed facility by June 2028. As part of that move, the dealership would enter into a sale-leaseback arrangement with the purchaser, leasing the property back at fair market rate until the new location is complete.
Key Highlights
- 2014‑built approx. 33,000 SF auto dealership facility on 11.63 acres at 2136 Sunset Boulevard in West Columbia, SC
- Includes approx. 12,000 SF additional maintenance shop plus a standalone car wash
- Located 0.5 miles from Interstate 26 and about 3 miles from downtown Columbia
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
$504,482
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
4.80%
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%
$10,089,640
$10.1M
Cap Rate 7%
$7,206,886
$7.2M
Cap Rate 9%
$5,605,356
$5.6M
Market Conditions
NOI Build-Up for 35,000 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
$701.4K $20.04/SF
− Vacancy
−$28.8K −$0.82/SF
EGI
$672.6K $19.22/SF
− OpEx
−$168.2K −$4.80/SF
NOI
$504.5K $14.41/SF
Area
Lexington County, SC
Vacancy
4.10%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
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%
$10,089,640
Cap Rate 7%
$7,206,886
Cap Rate 9%
$5,605,356
Alternative Uses
Best Use
Specialty Retail
$7.21M
$6.31M – $8.41M
NOI $504,482 @ 7.0% cap · market cap 4.80%
Second Best
Retail
$5.03M
$4.41M – $5.87M
NOI $352,433 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$9.40M
$8.22M – $10.97M
NOI $657,999 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
90k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 33%
Shops & Services 21%
Apparel 12%
Food Lion Grocery Store
Groceries
29,214 visits/mo
0.2 miles
Groucho's Deli
Dining
11,666 visits/mo
0.4 miles
Goodwill
Apparel
11,180 visits/mo
0.1 miles
Lizard's Thicket
Dining
9,640 visits/mo
0.2 miles
Family Dollar
Shops & Services
7,110 visits/mo
0.2 miles
Demographics for 29169, SC
22,768
Population
11,087
Households
2.1
Avg Household Size
40
Median Age
39%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
1,963
Density / Sq Mi
$53,673
Median Household Income
$38,268
Median Earnings
$1,081
Median Rent
$189,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - A 2014-built auto dealership campus includes a maintenance shop and a standalone car wash on 11.63 acres.
Where is this showroom located?
The property is located at 2136 Sunset Blvd West Columbia, SC.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 2014‑built approx. 33,000 SF auto dealership facility on 11.63 acres at 2136 Sunset Boulevard in West Columbia, SC; Includes approx. 12,000 SF additional maintenance shop plus a standalone car wash; Located 0.5 miles from Interstate 26 and about 3 miles from downtown Columbia
