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Turnkey Dental Office For Sale
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741 Greenlawn Dr, Columbia, SC 29209

Dental office for sale in Southeast Columbia near Garners Ferry.

Property Size4,325 SF
Price / SF$461.27
Days on Market1140

Property Features for 741 Greenlawn Dr

General Information

Standard status Active
Size 4,325 SF
Class B
Property subtype Office

Building Details

Tenancy Single
Listing Agency: Trinity Partners
Listed By: Rob Lapin · License #SC 17077
Source: Crexi
Added: Sep 14, 2023 Changed: Oct 26 Last Checked: Oct 26 at 4:25PM

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 Trinity Partners

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This is a turnkey dental office for sale, situated in Southeast Columbia, near Garners Ferry Road. The property offers 4,325 square feet of space.

Key Highlights

  • Turnkey dental office ready for immediate occupancy.
  • Located in Southeast Columbia, offering convenience.
  • Near Garners Ferry Road, providing easy access.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,920
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,400 $1.2M
Cap Rate 7%
$827,429 $827.4K
Cap Rate 9%
$643,556 $643.6K
Market Conditions
NOI Build-Up for 4,325 SF
Gross rent
$103.8K $24.00/SF
− Vacancy
−$7.3K −$1.68/SF
EGI
$96.5K $22.32/SF
− OpEx
−$38.6K −$8.93/SF
NOI
$57.9K $13.39/SF
Area
Columbia, SC
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,158,400
Cap Rate 7%
$827,429
Cap Rate 9%
$643,556

Alternative Uses

Best Use
Healthcare Medical
$827.4K
$724.0K – $965.3K (±1% cap)
NOI $57,920 @ 7.0% cap · market cap 2.90%
Second Best
Office B
$734.0K
$642.3K – $856.4K (±1% cap)
NOI $51,381 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.06M
$931.9K – $1.24M (±1% cap)
NOI $74,549 @ 7.0% cap · market cap 3.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Brown Family Dentistry Dental Office Brown Carol DDS Dental Office Dr. Carol Smith-Brown Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Office in Columbia, SC

18.6% 2020
11.6% 2021
9.7% 2022
7.4% 2023
7.9% 2024
7.9% 2025

Similar Off Market Nearby

  • Garners Ferry Animal Hospital — 7354 1/2 Garners Ferry Rd, Columbia, SC 29209
  • vets hospital — 250 Veterans Rd #202, Columbia, SC 29209

Frequently Asked Questions

What type of property is this?
Medical Office Space - Dental office for sale in Southeast Columbia near Garners Ferry.
Where is this medical office space located?
The property is located at 741 Greenlawn Dr Columbia, SC.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Turnkey dental office ready for immediate occupancy.; Located in Southeast Columbia, offering convenience.; Near Garners Ferry Road, providing easy access.
(803) 567-1536 Call to check price and availability
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