Profitable Urban Adult Club
For Sale
Contact for pricing
2219 Broad River Rd, Columbia, SC 29210
Profitable adult club on high traffic intersection, real estate included.
Property Size5,000 SF
Price / SF$280
Days on Market1736
Property Features for 2219 Broad River Rd
General Information
Standard status
Active
Size
5,000 SF
Class
B
Property subtype
Retail
Zoning
GC
Listing Agency:
HWH Properties
(864) 580-3826
Listed By:
H Winston Hines · License #SC 13801
Source:
Crexi
Added: Nov 7, 2021
Changed: Aug 8
Last Checked: May 19 at 10:26PM
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 HWH Properties
Investment Insights
Based on property information with market context.
This commercial property, currently operating as an urban adult club, is available for sale. The sale includes both the real estate and the existing business. The property is located at a high-traffic intersection, offering strong visibility and accessibility. The club is positioned right off I-20, at the corner of Broad River Road, ensuring convenient access for patrons. The building has a size of 5,000 square feet and features ample parking space. Inside, the layout includes a full kitchen, two offices, one stage, and two bars. VIP seating is also available. The club currently opens at 7 PM, but there is potential to open earlier. Strong financial numbers are available for examination upon signing a Non-Disclosure Agreement (NDA) and completing a phone interview.
Key Highlights
- Very profitable urban adult club business and real estate included
- High traffic intersection location
- Strong financial numbers (available upon NDA)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,798
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,615,960
$1.6M
Cap Rate 7%
$1,154,257
$1.2M
Cap Rate 9%
$897,756
$897.8K
Market Conditions
NOI Build-Up for 5,000 SF
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.
Gross rent
$114.0K $22.80/SF
− Vacancy
−$6.3K −$1.25/SF
EGI
$107.7K $21.55/SF
− OpEx
−$26.9K −$5.39/SF
NOI
$80.8K $16.16/SF
Area
Columbia, SC
Vacancy
5.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,615,960
Cap Rate 7%
$1,154,257
Cap Rate 9%
$897,756
Alternative Uses
Best Use
Specialty Retail
$1.15M
$1.01M – $1.35M
NOI $80,798 @ 7.0% cap · market cap 5.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,184 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
153k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 36%
Groceries 17%
Chick-fil-A
Dining
34,273 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
26,067 visits/mo
0.2 miles
Murphy USA
Shops & Services
20,551 visits/mo
0.3 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
13,919 visits/mo
0.4 miles
Wendy's
Dining
13,892 visits/mo
0.4 miles
Demographics for 29210, SC
39,299
Population
19,592
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
16.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$50,258
Median Household Income
$32,240
Median Earnings
$1,076
Median Rent
$183,000
Median Home Value
Market
Vacancy Rate% for Retail in Columbia, SC
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rose Gold — 2219 Broad River Rd, Columbia, SC 29210
- Prime Tobacco & Beer Outlet — 1530 broad river rd, columbia, sc 29210
- Xtreme Venue — 421 Bush River Rd Unit 168, Columbia, SC 29210
- Tha river — 2344 Broad River Rd, Columbia, SC 29210
- McCary's Bar & Grill — 851 Bush River Rd, Columbia, SC 29210
Frequently Asked Questions
What type of property is this?
Night club - Profitable adult club on high traffic intersection, real estate included.
Where is this night club located?
The property is located at 2219 Broad River Rd Columbia, SC.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Very profitable urban adult club business and real estate included; High traffic intersection location; Strong financial numbers (available upon NDA)
