Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4800 Garners Ferry Rd Columbia, SC 29209

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Columbia, SC - Prime Retail Location

    Property size:
    3,700 SF

    Property Features for 4800 Garners Ferry Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,700 SF
    Class
    A

    Building Details

    Year Renovated
    2023
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    James Harrison Iii Ccim
    James Harrison Iii Ccim

    Listing Agency: Cypress Commercial & Investment Real Estate Listing Agent: James Harrison Iii Ccim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional investment opportunity presents a 3,700 square foot, Class A, single-tenant retail property leased to Chase Bank under an absolute NNN lease. Located at 4800 Garners Ferry Rd, Columbia, SC 29209, this property boasts a prime corner location with high visibility and traffic counts (44,300 VPD on Garners Ferry Rd). The 15-year lease, commencing January 28, 2024, and expiring January 27, 2039, includes a 10% rent increase every five years, providing consistent income growth. Three additional five-year options with 10% increases further enhance the long-term value. The property benefits from a strong location near major retailers (Target, Whole Foods, Michaels, etc.), educational institutions (University of South Carolina, Midlands Technical College), and downtown Columbia. Recently renovated in 2023, this investment offers a 4.00% cap rate and a substantial net operating income (NOI) of $158,000. The ground lease also expires January 27, 2039. This is an ideal opportunity for investors seeking a passive income stream backed by a highly-rated tenant (A+ S&P credit rating for JP Morgan Chase Bank, N.A.) in a thriving retail market with limited vacancy. The property is situated on a ground lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chase Bank Bank

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -80.9734435
    Latitude
    33.9881516

    Nearby Similar for Sale

    • New
      $360,000
      4,000 SF

      Columbia Auto Service Center

      Commercial building with 10-bay garage in Columbia, SC.
      1530 Leaside Dr, Columbia, SC 29223
      View Details
    • $699,000
      3,500 SF

      Well-Maintained Office Building For Sale

      3,500 SF office building with excellent exposure in Columbia.
      7193 Saint Andrews Rd, Columbia, SC 29212
      View Details
    • $550,000
      3,960 SF

      Versatile Commercial Property in Columbia

      Commercial property with redevelopment potential in a growing corridor.
      123 Lawand Dr, Columbia, SC 29210
      View Details
    • $219,900
      1,271 SF

      Renovated Commercial Property in Columbia

      Updated commercial property with renovated home, ideal for office space.
      2734 Boone St, Columbia, SC 29204
      View Details
    • $220,000
      2,255 SF

      Updated Office Condo For Sale

      Well-maintained office condo with recent upgrades and ample parking.
      101 Rice Bent Way, Columbia, SC 29229
      View Details
    • $2,999,000
      1.74 Acres

      Columbia Mixed-Use Investment Opportunity

      Operating gas station, retail bays, home, and duplex on 1.74 acres.
      1332 Broad River Rd, Columbia, SC 29210
      View Details
    • $285,000
      2,419 SF

      Versatile Commercial Property in Columbia

      Adaptable commercial building in established corridor, ideal for diverse strategies.
      112 Arrowwood Rd, Columbia, SC 29210
      View Details
    • $850,000
      5,969 SF

      Renovated Office Building on Two Notch

      Fully renovated office building with high visibility and accessibility.
      8311 Two Notch Rd, Columbia, SC 29223
      View Details
    • $425,000
      5,200 SF

      Versatile Renovated Commercial Space

      Recently renovated 5200 sq ft commercial space on 1.1 acres.
      600 Burmaster Dr, Columbia, SC 29229
      View Details
    • $415,000
      2,700 SF

      Updated Triplex Near Downtown Columbia

      Income-producing triplex with updated units near downtown Columbia.
      4019 Baldwin Rd, Columbia, SC 29204
      View Details
    • New
      $325,000
      2,024 SF

      Rosewood Duplex with Rental Income

      All-brick duplex in Rosewood neighborhood with immediate rental income.
      3850/3851 Capers Ave, Columbia, SC 29205
      View Details
    • $675,000
      2,240 SF

      Columbia Retail Building on 1.46 Acres

      2,240 SF retail building on 1.46 acres, NNN lease.
      2638 Two Notch Rd, Columbia, SC 29204
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Columbia, SC - Prime Retail Location
    Where is this individual retail property located?
    The property is located at 4800 Garners Ferry Rd Columbia, SC.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: $3,950,000 asking price for a 3,700 SF Class A retail property.; Absolute NNN lease with zero landlord responsibilities; JP Morgan Chase Bank tenant with A+ S&P credit rating.; Excellent retail location with high visibility on two major thoroughfares.
    (803) 254-0100 Call to check price and availability
    Request Owner's contact information
    4800 Garners Ferry Rd Columbia, SC 29209
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4800 Garners Ferry Rd
    Columbia, SC 29209
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4800 Garners Ferry Rd Columbia, SC 29209
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing James Harrison Iii Ccim
    James Harrison Iii Ccim
    Real Estate License ID: 12953
    (803) 254-0100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!