Flex Building on Garners
7356 Garners Ferry Road Columbia, SC 29209
7356 Garners Ferry Road, Columbia, SC, 29209
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For Sale
Contact for pricing
5,969 SF flex building with excellent visibility for sale.
Property Size5,969 SF
Price / SF$184.29
Days on Market688
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
(803) 665-5555
Listed by
Tony Hanna · License #SC 12634
Source
Crexi
Added: Aug 29, 2024 Checked: Jul 16 at 10:17 am
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
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
Local 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 | $128.9k | $21.60 |
| − Vacancy | −$7.7k | −$1.30 |
| EGI | $121.2k | $20.30 |
| − OpEx | −$36.4k | −$6.09 |
| NOI | $84.8k | $14.21 |
5,969 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Oneal Plumbing & Backflow ...
Plumbing Service
Metro Auto Insurance ...
Insurance Agency
METRO AUTO INSURANCE ...
Insurance Agency
Emily's Driving School
Training Center
V K Bartley ...
Tax Preparation
Similar For Sale Nearby
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
FAQs
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
