General Commercial Retail
7019 Parklane Rd Columbia, SC 29223
For Sale
Contact for pricing
Zoned GC and positioned next to Columbia Mall with convenient access to I-20, I-277, and Two Notch Road.
Property Size4,000 SF
Price / SF$171.25
Days on Market207
Property Features for 7019 Parklane Rd
General Information
Standard status
Active
Size
4,000 SF
Property subtype
RETAIL
Listing Agency:
CBRE | Columbia
(803) 744-6840
Listed By:
David Stuck
Source:
Moodyscre
Added: Jan 2
Changed: Jul 22
Last Checked: Jul 22 at 8:35PM
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 CBRE | Columbia
Investment Insights
Based on property information with market context.
This retail building offers approximately ±14,000 SF of space on 10.99 acres, with zoning designated as GC (General Commercial). The property is set up for commercial use within a broader retail environment.
Located adjacent to Columbia Mall, the site is surrounded by various retail and restaurants and provides easy access to I-20, I-277, and Two Notch Road. Parcels will be sold together, keeping the site as a single offering.
With its General Commercial zoning and location near active retail development, the property may be well suited for a range of retail-oriented tenancies seeking convenient regional access.
Located adjacent to Columbia Mall, the site is surrounded by various retail and restaurants and provides easy access to I-20, I-277, and Two Notch Road. Parcels will be sold together, keeping the site as a single offering.
With its General Commercial zoning and location near active retail development, the property may be well suited for a range of retail-oriented tenancies seeking convenient regional access.
Key Highlights
- 4,000 SF building on 0.99 acres
- Zoned GC (General Commercial)
- Adjacent to Columbia Mall and surrounded by retail and restaurants
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 | $86.4k | $21.60 |
| − Vacancy | −$5.2k | −$1.30 |
| EGI | $81.2k | $20.30 |
| − OpEx | −$24.4k | −$6.09 |
| NOI | $56.9k | $14.21 |
4,000 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$812.2K
$710.6K – $947.5K
NOI $56,851 @ 7.0% cap · market cap 8.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$985.0K
$861.8K – $1.15M
NOI $68,947 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Zoned GC and positioned next to Columbia Mall with convenient access to I-20, I-277, and Two Notch Road.
Where is this storefront property located?
The property is located at 7019 Parklane Rd Columbia, SC.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 4,000 SF building on 0.99 acres; Zoned GC (General Commercial); Adjacent to Columbia Mall and surrounded by retail and restaurants
