710 Lady St Columbia, SC 29201
This exceptional 9,120-square-foot office building presents a compelling value-add investment opportunity in Columbia, South Carolina's vibrant Vista district. Located at 710 Lady Street, this single-story building boasts 16 parking spaces and benefits from its prime location within walking distance of numerous restaurants, hotels, the Statehouse, and Main Street. The property, situated in a former warehouse district now thriving with entertainment, hospitality, and office spaces, underwent a major renovation and upfit in 2017, following an initial renovation around 2008. Currently, 5,500 square feet are leased to an oral surgery practice under a new 10+ year lease, generating a net operating income (NOI) of $105,000. The remaining space is available for lease, offering significant potential to increase the current pro-forma NOI of $160,000. The property is offered as a Triple Net (NNN) lease with a multi-tenant occupancy, currently housing one tenant. The lease commenced on August 1, 2023, and includes a 2% annual rent bump provision. This property offers a blend of stable income and significant upside potential in a highly desirable location. The building is classified as both creative and traditional office space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.