Add Listing
    For Lease
    • 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

    120-148 Assembly St Columbia, SC 29201

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Columbia SC Executive Office Suites

    Lot size:
    27,000 SF

    Property Features for 120-148 Assembly St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,000 SF

    Spaces For Lease

    at 120-148 Assembly St, Columbia, SC 29201 Contact us

    We can help!

    Listing Contact
    Ryan Causey
    Ryan Causey

    Listing Agency: Trinity Partners Listing Agent: Ryan Causey

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

    Learn more

    Overview

    This exceptional commercial property, located at 120-148 Assembly Street in Columbia, South Carolina, offers a unique opportunity for businesses seeking prime retail or office space. The building boasts a total of 27,000 square feet, with 7,600 square feet currently available for lease. The space is ideally suited for executive offices or retail ventures, offering a flexible layout adaptable to various business needs. The property is classified as multi-tenant, providing a vibrant and collaborative environment. Situated in Richland County, this location benefits from ample onsite parking, ensuring convenient access for employees and clients. The available 7,600 square feet is located on the second floor, providing a desirable and potentially quieter workspace. The property's address is 120-148 Assembly Street, Columbia, SC 29201. This prime location in Columbia offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strategic presence in a thriving commercial district. The property type is listed as both retail and office, providing versatility for potential tenants. Don't miss this chance to secure a prominent space in a dynamic and well-located building. Inquire today to learn more about leasing options and explore the possibilities this exceptional property offers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia
    County
    Richland
    State
    South Carolina
    Longitude
    -81.0288448
    Latitude
    33.986367

    Nearby Similar for Lease

    • Sponsored
      New
      Contact for pricing

      Main Street

      Flexible workspace in San Jose Airport
      1320 Main St, Columbia, SC 29201
      View Details
    • Contact for pricing

      SC, Columbia - Stoneridge Drive

      Workspaces, services and support to help you work better in Shelton
      140 Columbia Ave, Columbia, SC 29210
      View Details
    • Contact for pricing

      SC, Columbia - 1501 Main St

      Discover many ways to work your way in Downtown
      1501 Main St, Columbia, SC 29201
      View Details
    • $22 SF/Yr
      4,320 SF

      Former Restaurant on Decker Boulevard

      4,320 SF former restaurant with drive-thru on 1.13 AC.
      2600 Decker Blvd, Columbia, SC 29206
      View Details
    • $24 SF/Yr
      1,939 SF

      Renovated Office Suites For Lease

      Class A office suites with conferencing center and common break room.
      3112 Devine St, Columbia, SC 29205
      View Details
    • $21 SF/Yr
      4,050 SF

      Retail Building in Devine Street

      Retail or office building with ample parking in the rear.
      2418 Devine St, Columbia, SC 29205
      View Details
    • $600 /Mo
      39,320 SF

      Historic Arcade Mall Retail Space

      Historic indoor shopping center with high-end finishes in downtown Columbia.
      1332 Main St, Columbia, SC 29201
      View Details
    • $25 SF/Yr
      2,400 SF

      Retail Space on Columbiana Drive

      2,400 SF retail space in high-profile Columbia retail corridor.
      378 Columbiana Dr, Columbia, SC 29212
      View Details
    • $25 SF/Yr
      3,591 SF

      Retail Space on High-Traffic Corridor

      3,500 SF retail space on Taylor St, ample parking.
      1531 Taylor St, Columbia, SC 29201
      View Details
    • $10 SF/Yr
      4,040 SF

      Flex Building with Fenced Yard

      Flex building featuring office space, warehouse, and fenced yard.
      1446 Pineview Dr, Columbia, SC 29209
      View Details
    • $24 SF/Yr
      74,758 SF

      Class A Office Tower

      Premier office space in downtown Columbia with modern amenities.
      1201 Main St, Columbia, SC 29201
      View Details
    • $23 SF/Yr
      20,737 SF

      Columbia Vista District Office Space

      Office space in Columbia's Vista district with ample parking.
      500 Taylor St, Columbia, SC 29201
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Columbia SC Executive Office Suites
    Where is this individual retail property located?
    The property is located at 120-148 Assembly St Columbia, SC.
    What are key features of this property?
    This property features: 7,600 SF of second-floor retail/office space available for lease.; Prime Columbia location with excellent accessibility.; Ample on-site parking.
    (803) 567-5454 Call to check price and availability
    Request Owner's contact information
    120-148 Assembly St Columbia, SC 29201
    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.
    120-148 Assembly St
    Columbia, SC 29201
    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
    120-148 Assembly St Columbia, SC 29201
    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 Ryan Causey
    Ryan Causey
    Real Estate License ID: 111934
    (803) 567-5454 (803) 567-1089
    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!