Single-Tenant Brick Office
425 Summit Terrace Ct Building 1, Columbia, SC 29229
For Sale
New
Contact for pricing
A renovated professional property is occupied under a NNN lease extending through May 2030.
Property Size4,500 SF
Price / SF$177.78
Days on Market5
Property Features for 425 Summit Terrace Ct Building 1
General Information
Standard status
Size
Property subtype
Occupancy
Additional Details
Highway Access
Office Units
Tenant in Place
Property Use
Building Details
Buildings
Building Size
Construction
Tenancy
Listing Agency:
Meybohm Commercial
Listed By:
Luke Henderson · License #SC 130415
(803) 215-5147
Source:
Crexi
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 2:58PM
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 Meybohm Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,500-square-foot brick office property in Columbia is configured for one occupant and has undergone recent renovations. The building is fully leased to J'Adore Beauty dba Indulgence Beauty Lounge under a NNN agreement with a personal guaranty and 2.5% annual rent escalations. The term runs through May 2030. The tenant pays its share of property taxes, insurance, repairs and maintenance, and POA dues; the landlord retains responsibility for the roof, structure, and exterior walls.
The property is part of a POA-maintained professional park in the Sandhills area of Northeast Columbia, with access to I-20 and I-77. Nearby retail centers include Sparkleberry Square, Village at Sandhill, and Northpoint Commons. More than 118,000 residents live within five miles, with average household incomes above $87,000. Fort Jackson, state government employment, and Scout Motors in nearby Blythewood are also identified as regional employment drivers.
The property is part of a POA-maintained professional park in the Sandhills area of Northeast Columbia, with access to I-20 and I-77. Nearby retail centers include Sparkleberry Square, Village at Sandhill, and Northpoint Commons. More than 118,000 residents live within five miles, with average household incomes above $87,000. Fort Jackson, state government employment, and Scout Motors in nearby Blythewood are also identified as regional employment drivers.
Key Highlights
- 4,500‑square‑foot brick office building, recently renovated
- Fully leased to J'Adore Beauty dba Indulgence Beauty Lounge
- NNN lease runs through May 2030, with 2.5% annual escalations and a personal guaranty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,460
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,200
$1.1M
Cap Rate 7%
$763,714
$763.7K
Cap Rate 9%
$594,000
$594.0K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$86.4K $19.20/SF
− Vacancy
−$15.1K −$3.36/SF
EGI
$71.3K $15.84/SF
− OpEx
−$17.8K −$3.96/SF
NOI
$53.5K $11.88/SF
Area
Columbia, SC
Vacancy
17.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,069,200
Cap Rate 7%
$763,714
Cap Rate 9%
$594,000
Alternative Uses
Best Use
Office B
$763.7K
$668.3K – $891.0K
NOI $53,460 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$969.6K – $1.29M
NOI $77,566 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Explore this area
Business Placement
Demographics for 29229, SC
51,548
Population
20,939
Households
2.5
Avg Household Size
36
Median Age
46%
College-Educated
94%
High-School Grad
18.3 sq mi
ZIP Area
2,817
Density / Sq Mi
$72,571
Median Household Income
$45,091
Median Earnings
$1,528
Median Rent
$230,800
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Columbia, SC
Properties on Market for Office buildings in Columbia
Vacancy Rate% for Office in Columbia, SC
Frequently Asked Questions
What type of property is this?
Office building - A renovated professional property is occupied under a NNN lease extending through May 2030.
Where is this office building located?
The property is located at 425 Summit Terrace Ct Building 1 Columbia, SC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4,500‑square‑foot brick office building, recently renovated; Fully leased to J'Adore Beauty dba Indulgence Beauty Lounge; NNN lease runs through May 2030, with 2.5% annual escalations and a personal guaranty
