Tillman's Plaza Neighborhood Shopping
7358-7372 Two Notch Road, Columbia, SC 29223
For Sale
Contact for pricing
The center includes vacant space and an owner-occupied management office suite.
Property Size30,917 SF
Price / SF$161.72
Days on Market46
Property Features for 7358-7372 Two Notch Road
General Information
Standard status
Size
Property subtype
Building Details
Tenancy
Listing Agency:
NAI Columbia
Listed By:
Bobby Balboni · License SC #113453
(508) 748-0088
Source:
Crexi
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 8 at 2:40PM
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 NAI Columbia
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Investment Insights
Based on property information with market context.
Tillman's Plaza is a neighborhood shopping center totaling approximately 30,917 SF at 7358–7372 Two Notch Road in Columbia, South Carolina. The property includes vacant space and a management office suite currently occupied by ownership.
Two additional centers under the same ownership, Garden Place Plaza at 7380–7390 Two Notch Road and Creekside Plaza at 7350–7352 Two Notch Road, may be acquired with Tillman's Plaza or separately. The properties are located along this stretch of US-1.
Two additional centers under the same ownership, Garden Place Plaza at 7380–7390 Two Notch Road and Creekside Plaza at 7350–7352 Two Notch Road, may be acquired with Tillman's Plaza or separately. The properties are located along this stretch of US-1.
Key Highlights
- Approximately 30,917 SF neighborhood shopping center
- Existing vacant space and an owner‑occupied management office suite
- Located at 7358–7372 Two Notch Road in Columbia, South Carolina
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$439,417
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,788,340
$8.8M
Cap Rate 7%
$6,277,386
$6.3M
Cap Rate 9%
$4,882,411
$4.9M
Market Conditions
NOI Build-Up for 30,917 SF
Gross rent
$667.8K $21.60/SF
− Vacancy
−$40.1K −$1.30/SF
EGI
$627.7K $20.30/SF
− OpEx
−$188.3K −$6.09/SF
NOI
$439.4K $14.21/SF
Area
Columbia, SC
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,788,340
Cap Rate 7%
$6,277,386
Cap Rate 9%
$4,882,411
Alternative Uses
Best Use
Retail
$6.28M
$5.49M – $7.32M
NOI $439,417 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.61M
$6.66M – $8.88M
NOI $532,910 @ 7.0% cap · market cap 10.66%
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
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
975
Businesses Nearby
234k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 29%
Home Improvements & Furnishings 15%
Apparel 11%
Lowe's
Home Improvements & Furnishings
33,457 visits/mo
0.3 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
26,496 visits/mo
0.2 miles
Dollar Tree
Shops & Services
22,903 visits/mo
0.4 miles
Macy's
Apparel
22,264 visits/mo
0.5 miles
McDonald's
Dining
20,481 visits/mo
0.2 miles
Demographics for 29223, SC
52,477
Population
24,142
Households
2.2
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
25.3 sq mi
ZIP Area
2,074
Density / Sq Mi
$56,300
Median Household Income
$37,435
Median Earnings
$1,217
Median Rent
$183,800
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 Columbia, SC
Similar Off Market Nearby
- Arcadia Lakes — 6432 Two Notch Rd, Columbia, SC 29223
- Dentsville Mall — 6701 Two Notch Rd #5, Columbia, SC 29223
- Capitol Center — 2 Notch Rd & Columbia Mall, 201 Columbia Mall Blvd, Columbia, SC 29223
- Arcadia Lakes Plaza, LLC — 6911 N Trenholm Rd, Columbia, SC 29206
- Pinnacle Professional Park — 6941 N Trenholm Rd, Columbia, SC 29206
Frequently Asked Questions
What type of property is this?
Shopping center - The center includes vacant space and an owner-occupied management office suite.
Where is this shopping center located?
The property is located at 7358-7372 Two Notch Road Columbia, SC.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Approximately 30,917 SF neighborhood shopping center; Existing vacant space and an owner‑occupied management office suite; Located at 7358–7372 Two Notch Road in Columbia, South Carolina
