942 Broad River Rd Columbia, SC 29210
- Retail properties
- 9,180 SF
- 1.40 lot acres
Current Use by Public Records
- Retail properties
Property Details for 942 Broad River Rd
- Year built
- 2015
- Lot size
- 1.40 lot acres
- Property size
- 9,180 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fee-simple, 9,180 square foot Family Dollar store in Columbia, South Carolina. Boasting a strong 100% occupancy rate under a 15-year absolute NNN lease (with 5.4 years remaining), this property offers significant long-term value. The lease includes CPI rent increases every three years, ensuring consistent income growth. Situated on a 1.4-acre lot with multiple access points, this strategically located property benefits from high visibility and traffic. The property's strong financial performance is further enhanced by its location near the University of South Carolina, contributing to a robust customer base. The building was constructed in 2015 and is zoned RAC. The sale is structured for a 1031 exchange.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Richland
- State
- South Carolina
- Longitude
- -81.0802
- Latitude
- 34.0257
