Fully Leased Storefront
For Sale
$1,150,000
4265 Augusta Rd, Lexington, SC 29073
All suites are occupied, with on-site parking and supplemental signage and billboard income.
Property Size8,640 SF
Price / SF$133.10
Days on Market311
Property Features for 4265 Augusta Rd
General Information
Standard status
Active
Size
8,640 SF
Total Parking Spaces
50
Occupancy
100%
Site & Location
Traffic Count
31,000 vehicles/day
Road Access
Yes
Additional Details
Office Units
20
Building Details
Buildings
1
Building Size
8,640 SF
Tenancy
Multi
Listing Agency:
Southern Visions Realty I LLC
(803) 238-2819
Listed By:
W Rhett Kelly · License #86844
Source:
Exprealty
Added: Sep 29, 2025
Changed: Aug 5
Last Checked: Aug 5 at 2:23AM
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 Southern Visions Realty I LLC
Investment Insights
Based on property information with market context.
This 8,640-square-foot storefront property contains 20 rentable units, including 18 single units measuring 432 square feet each and two double units measuring 864 square feet each. Every unit is currently occupied, and the site provides 50 parking spaces. Building improvements include a replacement roof over the front section completed in 2023, a new rear roof installed in 2025, and PTAC HVAC units updated within the last 3–5 years.
Positioned on Augusta Road, the property records traffic counts of 31, 000 VPD according to SCDOT 2024. Revenue is supplemented by an on-site billboard and front-building signage, creating additional income channels beyond the occupied storefront units. Owner financing is available.
Positioned on Augusta Road, the property records traffic counts of 31, 000 VPD according to SCDOT 2024. Revenue is supplemented by an on-site billboard and front-building signage, creating additional income channels beyond the occupied storefront units. Owner financing is available.
Key Highlights
- 8,640 sq. ft. building with 20 units: 18 single units and 2 double units
- All 20 units currently occupied
- 31, 000 VPD traffic count on Augusta Road per SCDOT 2024
Financial Insights For 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 | $129.6k | $15.00 |
| − Vacancy | −$5.3k | −$0.61 |
| EGI | $124.3k | $14.39 |
| − OpEx | −$37.3k | −$4.32 |
| NOI | $87.0k | $10.07 |
8,640 SF · lease $15.00/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.45M – $1.93M
NOI $115,849 @ 7.0% cap · market cap 10.07%
Second Best
Retail
$1.24M
$1.09M – $1.45M
NOI $87,000 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M
NOI $162,432 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
20
Office units
31,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29073, SC
48,653
Population
20,239
Households
2.4
Avg Household Size
37
Median Age
22%
College-Educated
89%
High-School Grad
81.8 sq mi
ZIP Area
595
Density / Sq Mi
$72,648
Median Household Income
$45,050
Median Earnings
$1,046
Median Rent
$198,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Orange Blossom Express Flowers & Gifts — 4414 augusta rd, lexington, sc 29073
Frequently Asked Questions
What type of property is this?
Storefront property - All suites are occupied, with on-site parking and supplemental signage and billboard income.
Where is this storefront property located?
The property is located at 4265 Augusta Rd Lexington, SC.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 8,640 sq. ft. building with 20 units: 18 single units and 2 double units; All 20 units currently occupied; 31, 000 VPD traffic count on Augusta Road per SCDOT 2024
