For Sale
$399,999

1929 Marion StColumbia, SC 29201

1,964 SF Office, 5.5% Cap Rate, Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
113

Highlights

  • 1,964 SF Class B office building on a 0.12-acre lot in Columbia, SC.
  • Triple-net lease with Clear Dot Charter School, 100% occupancy, three-year lease term commencing May 2, 2024.
  • $399,999 asking price ($203.67/SF), generating a $22,000 NOI and a 5.50% cap rate.
  • Real estate taxes are exempt due to the tenant being a South Carolina state-sponsored school.
  • Building features six private offices, conference room, reception area, workroom, two bathrooms, and a 1,142 SF second-floor bonus area.

Property Details for 1929 Marion St

Property type
Office properties
Square Feet
1,964 SF
Class
B
Year Built/Renovated
1930/2020
Buildings
1
Stories
2
Lot Size (sq. ft)
5,227 SF

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.0126788
Longitude
-81.0352465
1929 Marion St, Columbia, South Carolina
Leaflet | © OpenStreetMap contributors

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1929 Marion St
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