Office Building with Reception and Conference
For Sale
Contact for pricing
Pending
5078 Sunset Blvd, Lexington, SC 29072
High-visibility office building across from Target featuring a reception area, conference room, and on-site surface parking.
Property Size4,968 SF
Days on Market629
Property Features for 5078 Sunset Blvd
General Information
Standard status
Pending
Size
4,968 SF
Total Parking Spaces
102
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
ERA Wilder Realty Inc. - Columbia
(803) 312-1908
Listed By:
David Brock · License #58004
Source:
Moodyscre
Added: Nov 12, 2024
Changed: Jul 29
Last Checked: Aug 3 at 6:14AM
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 ERA Wilder Realty Inc. - Columbia
Investment Insights
Based on property information with market context.
This office building offers a practical layout for professional use, including a sized reception area, nineteen individual offices, several work areas, and a conference room. The interior also includes men’s and women’s restrooms plus a storage room, along with an unfinished basement totaling 2,484 SF. Total building size is 4,968 SF.
The property is located on US Highway 378 across from Target, offering strong visibility. Public remarks cite a 32,281 traffic count in 2018 on Sunset Blvd. On-site parking is available with 102 surface parking spaces. Access is supported by nearby interstates and regional amenities, including being 3.3 miles from I-20 and 8.6 miles from Columbia Metropolitan Airport.
Additional proximity notes include an approximate 7 minutes / 4.8 miles to Lexington Medical Center, supporting convenience for both staff and visitors.
The property is located on US Highway 378 across from Target, offering strong visibility. Public remarks cite a 32,281 traffic count in 2018 on Sunset Blvd. On-site parking is available with 102 surface parking spaces. Access is supported by nearby interstates and regional amenities, including being 3.3 miles from I-20 and 8.6 miles from Columbia Metropolitan Airport.
Additional proximity notes include an approximate 7 minutes / 4.8 miles to Lexington Medical Center, supporting convenience for both staff and visitors.
Key Highlights
- Across from Target on US Highway 378
- 32,281 traffic count in 2018 on Sunset Blvd
- 102 surface parking spaces
Financial Insights For Office B
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 | $94.8k | $19.08 |
| − Vacancy | −$6.0k | −$1.20 |
| EGI | $88.8k | $17.88 |
| − OpEx | −$22.2k | −$4.47 |
| NOI | $66.6k | $13.41 |
4,968 SF · lease $19.08/SF/yr · vacancy 6.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$951.6K
$832.7K – $1.11M
NOI $66,613 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,398 @ 7.0% cap · market cap 7.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
370
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - High-visibility office building across from Target featuring a reception area, conference room, and on-site surface parking.
Where is this office building located?
The property is located at 5078 Sunset Blvd Lexington, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Across from Target on US Highway 378; 32,281 traffic count in 2018 on Sunset Blvd; 102 surface parking spaces
