1401-1469 Sumter St Columbia, SC 29201
- Retail properties
- 26,000 SF
Current Use by Public Records
- Retail properties
Property Details for 1401-1469 Sumter St
- Property size
- 26,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Palmetto Plaza offers exceptional executive office suites in the heart of downtown Columbia's Central Business District. This prime location boasts high visibility and extremely heavy daytime foot traffic, situated directly across from Palmetto Health Baptist, the YMCA, Sheraton, Marriott hotels, The Hub Apartments, and 1321 Lofts. A new Holiday Inn is also under construction directly adjacent to the property. The building itself comprises 26,000 square feet, with multiple suites available ranging from a minimum of 1,100 square feet to a maximum contiguous space of 4,303 square feet. Currently, 13,183 square feet of space is vacant and ready for immediate occupancy. The property is conveniently located below a centrally located parking garage on Sumter Street, offering easy access for tenants and clients. This retail, office, and restaurant space is ideal for businesses seeking a high-traffic, high-visibility location in the vibrant downtown core. The building is a multi-tenant property, and the net-net-net (NNN) lease rate is $2.50 per square foot. The proximity to major hotels, a large hospital, student housing (The Hub with 850 beds), and other significant landmarks ensures a constant flow of potential customers and employees. This is a unique opportunity to establish a presence in one of Columbia's most desirable commercial locations.
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
- -81.0338
- Latitude
- 34.0055
