Office Units with Conference
New
For Sale
Contact for pricing
218-B E Main Street, Lexington, SC 29072
Flexible office suites share a conference room, break room, and separate men’s and ladies’ restrooms.
Property Size3,000 SF
Days on Market2
Property Features for 218-B E Main Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
break room
restrooms
conference room
Building Details
Building Size
3,000 SF
Year Built
1995
Tenancy
Multi
Listing Agency:
Ronnie Wingard Real Estate
Listed By:
Alonzo Cox · License #73817
(803) 351-5386
Source:
Svrealty
Added: Oct 15
Last Checked: Oct 15 at 2:30AM
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 Ronnie Wingard Real Estate
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Investment Insights
Based on property information with market context.
The office property contains up to seven suites, with individual spaces ranging from 250 to 1,000 square feet. Shared facilities include a conference room, a break room equipped with a refrigerator and microwave, and separate men’s and ladies’ restrooms. The building dates to 1995.
Located at 218-B E Main Street in Lexington, the property is across Main Street from the Lexington County Administration Buildings and behind Dooley Law. Main Street access connects to Highway 1, with South Lake Drive (Highway 6) also cited as an access route.
Located at 218-B E Main Street in Lexington, the property is across Main Street from the Lexington County Administration Buildings and behind Dooley Law. Main Street access connects to Highway 1, with South Lake Drive (Highway 6) also cited as an access route.
Key Highlights
- Up to seven office suites, ranging from 250 to 1,000 square feet
- Shared conference room, break room with refrigerator and microwave, and separate men’s and ladies’ restrooms
- Main Street location across from the Lexington County Administration Buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,225
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,500
$804.5K
Cap Rate 7%
$574,643
$574.6K
Cap Rate 9%
$446,944
$446.9K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$57.2K $19.08/SF
− Vacancy
−$3.6K −$1.20/SF
EGI
$53.6K $17.88/SF
− OpEx
−$13.4K −$4.47/SF
NOI
$40.2K $13.41/SF
Area
Lexington County, SC
Vacancy
6.30%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,500
Cap Rate 7%
$574,643
Cap Rate 9%
$446,944
Alternative Uses
Best Use
Office B
$574.6K
$502.8K – $670.4K
NOI $40,225 @ 7.0% cap · market cap 5,363.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$805.7K
$705.0K – $940.0K
NOI $56,400 @ 7.0% cap · market cap 7,520.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Explore this area
Business Placement
Demographics for 29072, SC
65,060
Population
26,951
Households
2.4
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
68.0 sq mi
ZIP Area
957
Density / Sq Mi
$103,415
Median Household Income
$55,500
Median Earnings
$1,317
Median Rent
$304,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Flexible office suites share a conference room, break room, and separate men’s and ladies’ restrooms.
Where is this office units located?
The property is located at 218-B E Main Street Lexington, SC.
What are key features of this property?
This property features: Up to seven office suites, ranging from 250 to 1,000 square feet; Shared conference room, break room with refrigerator and microwave, and separate men’s and ladies’ restrooms; Main Street location across from the Lexington County Administration Buildings
