Flex Building on Garners
For Sale
Contact for pricing
7356 Garners Ferry Road, Columbia, SC 29209
5,969 SF flex building with excellent visibility for sale.
Property Size5,969 SF
Price / SF$184.29
Days on Market779
Property Features for 7356 Garners Ferry Road
General Information
Standard status
Active
Size
5,969 SF
Property subtype
Industrial, Office, Retail
Listing Agency:
Carolinas Retail Partners
Listed By:
Hance Jones · License #SC 15657
(803) 665-5555
Source:
Crexi
Added: Aug 29, 2024
Changed: Oct 7
Last Checked: Oct 14 at 10:48PM
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 Carolinas Retail Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,969 square foot flex building offers excellent visibility on Garners Ferry Road. The property is suitable for commercial real estate purposes.
Key Highlights
- 5,969 SF Flex building
- Excellent visibility along busy Garners Ferry Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,836
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,720
$1.7M
Cap Rate 7%
$1,211,943
$1.2M
Cap Rate 9%
$942,622
$942.6K
Market Conditions
NOI Build-Up for 5,969 SF
Gross rent
$128.9K $21.60/SF
− Vacancy
−$7.7K −$1.30/SF
EGI
$121.2K $20.30/SF
− OpEx
−$36.4K −$6.09/SF
NOI
$84.8K $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%
$1,696,720
Cap Rate 7%
$1,211,943
Cap Rate 9%
$942,622
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,836 @ 7.0% cap · market cap 7.71%
Second Best
Flex RnD
$1.06M
$925.1K – $1.23M
NOI $74,004 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$1.47M
$1.29M – $1.71M
NOI $102,886 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 29209, SC
35,738
Population
16,520
Households
2.2
Avg Household Size
37
Median Age
39%
College-Educated
93%
High-School Grad
52.8 sq mi
ZIP Area
677
Density / Sq Mi
$58,854
Median Household Income
$38,756
Median Earnings
$1,252
Median Rent
$183,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Columbia, SC
Similar Off Market Nearby
- Southern Way Catering — 100 E Exchange Pl, Columbia, SC 29209
- AB catering — 402 Hampton Forest Drive, Columbia, SC 29209
- Mamie Lee's Catering — 7356 Garners Ferry Rd # 217, Columbia, SC 29209
Frequently Asked Questions
What type of property is this?
Flex space - 5,969 SF flex building with excellent visibility for sale.
Where is this flex space located?
The property is located at 7356 Garners Ferry Road Columbia, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,969 SF Flex building; Excellent visibility along busy Garners Ferry Road
