Strip Mall with Retail
412 McNulty Street, Blythewood, SC 29016
For Sale
Contact for pricing
The property is approximately 75% leased, with retail and service businesses alongside owner-occupied hardware and feed space.
Property Size9,210 SF
Lot Size1.00 Acre
Price / SF$192.18
Days on Market42
Property Features for 412 McNulty Street
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Traffic Count
Highway Access
Additional Details
Asking Price
Tenant in Place
Building Details
Tenancy
Listing Agency:
KW Commercial Columbia-Northeast
Listed By:
Orie Brown · License SC #143933
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 4:46PM
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 KW Commercial Columbia-Northeast
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This strip mall contains ±9,210 SF on a 1.0-acre site and is approximately 75% leased. Existing occupants include a salon, an ice cream shop, a coffee and florist space, and an owner-occupied hardware and feed business. Approximately ±1,500 SF is available for lease-up.
At 412 McNulty Street in Blythewood, the property sits just off I-77 and next to McNulty Plaza. Blythewood Road carries roughly 12,500–16,500 vehicles per day. National retailers, hotels, and restaurants are among the surrounding businesses, and Scout Motors is described as a short drive away.
At 412 McNulty Street in Blythewood, the property sits just off I-77 and next to McNulty Plaza. Blythewood Road carries roughly 12,500–16,500 vehicles per day. National retailers, hotels, and restaurants are among the surrounding businesses, and Scout Motors is described as a short drive away.
Key Highlights
- ±9,210 SF strip mall on 1.0 acre
- Approximately 75% leased, with ±1,500 SF available
- Tenant mix includes a salon, ice cream shop, coffee/florist space, and hardware/feed business
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,740
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,800
$1.9M
Cap Rate 7%
$1,324,857
$1.3M
Cap Rate 9%
$1,030,444
$1.0M
Market Conditions
NOI Build-Up for 9,210 SF
Gross rent
$138.2K $15.00/SF
− Vacancy
−$5.7K −$0.61/SF
EGI
$132.5K $14.39/SF
− OpEx
−$39.7K −$4.32/SF
NOI
$92.7K $10.07/SF
Area
Richland County, SC
Vacancy
4.10%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,854,800
Cap Rate 7%
$1,324,857
Cap Rate 9%
$1,030,444
Alternative Uses
Best Use
Retail
$1.32M
$1.16M – $1.55M
NOI $92,740 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.42M
NOI $145,469 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16,500 VPD
Traffic count
75%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
234k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 21%
Groceries 19%
Hotels & Casinos 3%
McDonald's
Dining
39,152 visits/mo
0.0 miles
BP
Shops & Services
34,034 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
27,606 visits/mo
0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
21,968 visits/mo
0.1 miles
Wendy's
Dining
16,204 visits/mo
0.1 miles
Demographics for 29016, SC
26,245
Population
11,958
Households
2.2
Avg Household Size
40
Median Age
50%
College-Educated
94%
High-School Grad
87.0 sq mi
ZIP Area
302
Density / Sq Mi
$100,122
Median Household Income
$52,703
Median Earnings
$1,265
Median Rent
$330,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - The property is approximately 75% leased, with retail and service businesses alongside owner-occupied hardware and feed space.
Where is this strip mall located?
The property is located at 412 McNulty Street Blythewood, SC.
What is the asking price?
The asking price for this property is $1,770,000.
What are key features of this property?
This property features: ±9,210 SF strip mall on 1.0 acre; Approximately 75% leased, with ±1,500 SF available; Tenant mix includes a salon, ice cream shop, coffee/florist space, and hardware/feed business
