3123-3129 N Beltline Blvd Columbia, SC
Two retail properties in the Forest Acres submarket.
Property Features for 3123-3129 N Beltline Blvd
General Information
- Standard status
- Active
- Size
- 1,104 SF
- Lot size
- 0.70 Acres
- Property subtype
- RETAIL
Listing office Wilson Kibler | Columbia (803) 779-8600
Listing date Feb 11, 2022
Source Moodyscre
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 Wilson Kibler | Columbia
Investment Insights
Based on property information with market context.
Key Highlights
- Portfolio of two retail properties in Forest Acres
- Located near Downtown Columbia and Two Notch Road retail corridor
- Total lot size of ±0.72 AC
Local Financial Insights For Specialty 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 | $25.2k | $22.80 |
| − Vacancy | −$1.4k | −$1.25 |
| EGI | $23.8k | $21.55 |
| − OpEx | −$5.9k | −$5.39 |
| NOI | $17.8k | $16.16 |
